CR  1186 


Duke   University  Libraries 

Report  of  the  s 
Conf  Pam  #386 


KEPOHT 

* 


<?F    THE 


SECIIETARY  OF  THE  TREASURY. 


TrIeasury  Department  C.  S.  A., 
Michmond,  Nov,  7,  18G4. 

Hon.  Thomas  S.  Bocock, 

Sj>€aker  of  the  HouH  of  Reprtsentatives  : 

Sir  :  I  have  the  honor  to  subrait  the  following  report  of  the  condi- 
tion of  this  Department  on  the  iBt  of  October,  1864.  The  last  state- 
ments submitted  to  Congress  we^e  up  to  the  let  of  April,  1864.  The 
receipts  into  the  Treasury  for  th/j  two  quarters  ending  on  the  1st  of 
October,  are  as  follows  : 

Four  per  cent,  registered  boade,  Act  17th  February,  1864, 

$13,333,500  no 
Six  percent,  bonds  and  stock.  Act  23d  March,  1863,  280,200  00 

Four  per  cent,  bonds  and  stock,  Act  33d  March,  '63,  3,500  00 

Slight  per  cent,  bonds  and  stock,  Act  28th  Feb.,  '6 1 ,  7,600  00 

Six  per  cent,  bonds  and  stock,  twelfth  section  Act 

17th  February,  1864,  388,000  00 

Six  per  cent,  bonds  five  hundred  million  loan,   Act 

17th  February,  1864,  14,481,650  GO 

Six  per  cent,  bonds,  eighteenth  section   Act    17th 

February,   1864,  495,200  00 

Four  per  cent,  call  certificates,  seventh  section  Act 

17th  February,  1864,  20,973,160  GO 

Seven  per  cent,  bonds,  Act  20th  February,  18G3,  2,700  00 

Six  per  cent,  certificates  of  indebtedness,  Act  17th 

February,  1864,  1,739,100  00 

Tax  on  old  issues  redeemed,  14,440,566  85 


Carriedforward,  §66,165,176  85 


Brought  forward,  $66,165,176  85 

Repayments  by  disbursing  officers,  20,115,830  51 

Treasury  notes,  binder  Act  17th  February,  1S64,  277,570,950  50 

War  tax,  42,294,314  46 

Sequestration,  1,238,732  75 

Customs,     .                   ,  59,004  33 

Export  duty,                                       '  4,320   12 

Overseers'  exemption  and  tax  on  non-combatants,  30,5(U)  00 

Miscellaneous  receipts,  321,783   13 

Coin  seized  by  authority  of  Secretary  of  War,  1,653,200  OO 

Premium  on  loans,  4,S22,249  36 

Soldiers'  tax,  908,622  22 

Patent  fund,  8C6    1 6 


S415,191,550  39 


The  expenditures  during  the  eame  period  are  as  follows: 

War  Department,  246,367,442  94 

Kavy  Department,  '  15,554,802  28 

Customs  28,585  43 

Civil,  miscellaneous  and  foreign  intercourse,  10,427,674  94 


§272,378,505  53 

Public  debt — for  payment  of  interest,  10,772,883  11 

Public  debt — for  payment  of  principal,  331,787,444  00 

§614,938,832  70 


The  balance  in  the  Treasury   on    Ist  April,  1S64, 

^as,  §308,282,722   19 

The  amount  received  since  is,  415,191,550  39 


$7;i3,474,272  58 
Deduct  amount  of  expenditures,  614,938,832  70 


The  balance  in  the. Treasury  is,                   .  §11)8.435,439  88, 

This  balance  is  made  up  as  folio  „  , . 

Treasury  notes  (new  issue)  and  specie,  $22,053,200  81 

Treasury  notes  (old  issue)  to  be  cancelled,  80,382,239  07 


$108,435,439  83 


The  public  debt  on  the  tst  of  October,  1864,  -R'as  as  follows: 
Funded  debt. 
Total  issue  of  bonds  and  stocks,  "  $363,416,150  00 

Total  issue  of  call  certificates,  197,578,370  00 

Total  issue  of  certificates  of  indebtedness,  19,010,000  00 


Carried  forward,  $580,004,520  00 


Brought  forward,  $580,004,320  00 

Total  issue  of  produce  certificates,  Act  April  21, 

1862,  3,600,000  00 

Amount  of  7.30  interest  notes,  -wbicli  have  assumed 

the  character  of  permanent  bonds,  99,954,900  00 


$683,459, 420  00 
Reduced  by  amount  redeemed,  to  wit : 
Act  May  16,  18G1,  principal,  $  297,600  00 

Act  August  19,  1861,  principal,  1,267,700  00 

Call  certificates,  Act  December  24, 

1851,  six  per  cent.,  70,729,030  00 

Call    certificates.    Act   March    23, 

1863,  five  per  cent.,  70,000,000  00 

Call    certificates,    Act    March    23, 

1863,  four  per  cent.,  1,825,000  00 


144,119,330  OC 

$539,340,090  00 
Uafundcd  debt. 
Amount  8.65  interest  notes  outstanding,  516,050  OC 

Total   issue     treasury  notes — old 

issue,  $973,281,863  50 

Reduced  by  amount  called  in  for 

cancellation,  649,047,945  50 

S24,S33,918  OC, 

Total  issue  treasury  notes — new  issue,  283,830,150  00 


l,M7,97n,2(i8  ()!) 


The  estimates  submitted  by  the  vorious  departments  for  the  sup- 
port of  the  Government  for  the  Six  months  fr^jm  1st  January  to  Ist 
July,  1865,  are  as  follows  : 

Legislative,  $       375,000  00 

Executive  office,  47,845  4G 

^Treasury  Department,  4,626,350  00 

War  Department,  402,912,206  23 

Navy  Department,  14,005,134  75 

Post-office  Department,  294,349  93 

State  Department,  63,355  00 

Department  of  Justice,  715,074  26 

Miacellaneous,  15,000,000  00 


Aggregate,  $438,039,315  73 

The  balances  of  appropriations  not  drawn  on  the  1st  of  October, 
1864,  are  as  follows: 

Civil  and  miscellaneous,                     ■'^.-  $97,871,764  13 


Carried  forward,  $97,871,764  13 


Brought  forward,  $97,871,764  13 

Wab  Department,  612,260,280  09 

Customs,  247,309  33 

Navy  Department,  33,785,764  80 


$744,165,118  95 


The   expenditures  were    estimated  hy  my  predecessor  for  the  three 
months  from  1st  April  to  Ist  July  at  $  I  62,000,000.      At  this  rate  the 
expenditures  for  the  six  months  shouid  have  been     $324,000,000  00 
To  this    amount   must  be    added    the    debts   then 
stated  to  be   in   arrear,  which  do   not  appear  to 
have  been  reduced,  the  actual   expenditures  be- 
ing $284,251,386  80,  75,000,000  00 


$399,000,000  Ot) 
Deduct  amount  paid,  284,251,386  00 


$114,748,614  00 
Add  the  estimated  expenditures  from    1st  October, 

to  1st  January,  1SG5,  $162,000,000  00 


This  exhibits  a  total  of  $276,748,614  00 

yet  to  be  charged  against  existing  appropriations. 

This  amount  deducted  from  the  balance  of  appropriations  undrawn, 
Tiz  :  $744,165,1 18  95,  leaves  the  following  amount  from  past  appro- 
priations applicable  to  the  expenditures  of  the  six  months  from  the 
1st  of  January  to  the  1st  of  July,  1865,  $467,416,504. 

The  preceding  tables  of  the  public  debt,  derived  from  the  books  of 
the  Register,  present  an  aggregate  of  $1,147,970,208.  The  following 
summary  includes  the  results  of  the  taxation  and  funding  of  the.  old 
i?sues,  which  do  not  yet  appear  on  the  books  of  the  Register,  and  ex- 
hibits the  state  of  the  debt  with  more  precision. 

Funded  debt,  October  1st:  $539,3*0,090 

Bonds,  four  per  cent.,  to  be  issued  for  the  old  cur-  \ 

rency,  funded,  viz: 
East  of  the  Mississippi,  $250,000,000 

West  of  the  Mlsbissippi,  30,000,000 

280,000,000 


$819,340,090 


Deduct  amount  of  four  per  cent,  bonds, 

receivable  in  payment  of  taxes,  81,000,000 


Total  of  funded  debt,  $738,340,090 

Unfunded  debt: 
Treasury  notes  outstanding,  $324,233,918 


Carried  forward,  $324,233,918 


Brought  forward,  $324,233,918 

Deduct  amount  funded  in   trans-Missis- 
sippi Department,  30,000,000 


$294,233,913 
Deduct  tax,  33J  per  cent.,  98,077,973 

196,155,945 

Treasury  notes,  under   act   17th  Feh- 

ruary,  lo64,     "  233,880,150 


This  sum  is  liable  to  a  further  reduction 

for  the  following  items  of  debt  included 

in  the  Register's  accounts,  but  still  in 

the    treasury,    riz :    treasury    notes, 

(new  issue,)  $22,053,200 

Bonds,  6  per  cent.  500  million  loan,  27,564,150 

Bonds,  8  per  cent.  100  million  loan,  3,000,000 

Certificates  of  indebtedness,  17,270,900 

Call  certificates  4  per  cent.,  22,106,840 


$1,218,376,185  V 


91,995,090 


Total  debt,  October  Ist,  1SC4,  $1,126,381,095 

A  table  of  the  public  debt  on  the  1st  of  April,  1864,  prepared  on 
the  same  principle,  shows  it  to  have  been  as  follows  : 
Funded  debt,  $523,530,670 

Bonds,  four  per  cent.,  for  currency  funded,  280,000,000 


Total  funded  debt,  April  1st,  $303,530,670 

Unfunded  debt : 

Treasury  notes,  amount  outstanding  by 

the  Register's  accounts,  $505,792,103 

Deduct  amount  funded  in  Trans-Missis- 
sippi department,  30,000,000 


475,792,103 
Deduct  tax  of  33i  per  cent.,  158,597,363 


317,194,735 


Total  debt,  April  Ist,  1864,  $1,120,725,405 

Which  compared  with  the  sum  of  debt  similarly  ascertained  on  the 
Ist  October,  $1,218,376,185,  shows  an  augmentation  of  $97,650,780 
in  the  six  months  from  1st  April  to  Ist  October,  1864. 

This  addition  to  our  indebtedness  is  smaller  than  might  have  been 
apprehended,  yet  is  greater  than  if  the  currency  had  risen  in  value, 
and  thereby  the  expenditures  had  been  reduced;  and  the  large  amount 
of  taxes  paid  had  contributed  exclusively  to  the  relief  of  the  Treasury. 

The  foreign  debt,  consisting  of  a  single  item,  is  omitted ;  the  whole 


amount  being  unuer  ,£2,200,000  is  adequately  provided  for  by  the 

cotton  owned    by  the  Government,  even  at  sixpence  per  pound  ;   the 

quantity  beini;  about  250, 000  bales. 

The  expenditures  of  the  current  quarter,  it  is  assumed,  will  bo  met 

from  the  following  resources,  viz  : 

Treasury  notes  :  amount  unexpended  of  the  propor- 
tion applicable  to  the  payment  of  expenditures,  $80,000,000 

Taxes:  amount  to  be  received  for  the  last  quarter  of 

186-1,  estimated  at  35,000,000 

Bonds,  certificates  of   indebtedness    and   loans   on 

hypothecation  of  bonds,  47,000,000 


Si  62,000,000 

The  certificates  of  indebtedness  provided  by  the  act  of  17th  Feb- 
urary,  1SC4,  did  not  prove  as  favorite  an  investment  as  was  antici- 
pated, and  the  amount  of  these  securities,  taken  in  payment  by  public 
creditors  up  to  1st  October,  is  about  i$2,000,000  only.  From  the  sale 
of  bonds  and  loans  on  hypothecation  of  bonds,  about  !^45,00t),()()0 
was  raised,  and  from  the  new  issue  of  treasury  notes   ^283,000,000. 

The  large  and  rapid  issue  of  treasury  notes  is  the  more  to  bo  re- 
p:rettcd  from  the  failure  of  the  measures  relied  upon  to  sustain  thoir 
value  and  reduce  expenditures.  The  new  notes  are  received  by  the 
public  at  a  value  scarcely  any  higher  than  the  old,  and,  as  a  conso- 
•juencc,  the  expenses  have  not  declined. 

The  currency  demands  the  immediate  and  the  gravest  considera'ion 
of  Congress.  Unless  a  uniform  and  stable  value  can  be  given  to  the 
treasury  notes,  the  effort  to  carry  on  the  war  through  ilieir  instru- 
mentality, must  of  necessity  be  abandoned.  Acquiescence  in  its 
deplorable  depreciation,  is  to  court  the  ruin  to  which  it  leads.  One 
hundred  and  thirty-five  dollars  in  currency,  the  price  obtained  for  one 
hundred  dollars  in  six  per  cent,  bonds,  is  equal  to  six  dollars  only  in 
specie;  and  to  sell  the  bonds  at  this  rate  is  in  reality  to  dispose  of 
them  at  ninety-four  per  cGnt.  discount;  or  in  other  words,  to  give  a 
Ijond  for  one  hundred  dollars  in  consideration  of  the  loan  of  six  dol- 
.iars. 

There  is  not  a  man  of  property  in  the  country  who  would  not  pre- 
fer any  fair  measure  of  taxation,  rather  than  procure  a  temporary  and 
•.treacherous  prosperity  by  the  sale  of  mortgages  on  his  estate  at  this 
ruinous  rate. 

The  depreciation  of  the  currency,  proceeding  from  redundancy,  and 
•the  want  of  confidence  in  its  ultimate  redemption,  can  only  be  corrected 
'oy 'measures  that  shall  both  diminish  its  volume  and  sustain  the 
•public  confidence. 

The  measures  adopted  by  Congress  to  reduce  the  currency,  did  not 
combine  these  essential  elements  of  success.  Those  who  had  taken 
the  old  notes,  relying  on  the  good  faith  of  the  Government,  on  finding 
them  suddenly  deprived  of  one-third  of  their  nominal  value,  became 
alarmed  and  received  the  new  notes  under  strong  apprehensions  of  a 
repetition  of  the  measure.  At  the  time,  too,  that  the  currency  act 
provided  for  a  circulation  exceeding  four  hundred  millions  of  dollars, 


it  circumscribed  and  reduced  the  demand  for  the  notes,  by  making  the 
four  per  cent,  bonds,  receivable  in  the  payment  of  taxes.  By  the  1st 
day  of  August  !$  170,000,000  of  the  new  notes  had  already  been 
issued,  and  less  than  ^10,000,00.)  sufficed  for  the  payment  of  the 
taxes  collected  at  that  date.  Depreciation  commenced  at  once,  and 
proceeded  at  so  rapid  a  rate  that  by  the  1st  day  of  October,  gold  was 
selling  at  twenty-five  dollars  for  one. 

The  neces.sity  of  providing  a  speedy  and  efficient  remedy  for  this 
condition  of  things  is  obvious.  The  bonds  have  to  be  sold  for  this 
currency  ;  the  taxes  must  be  collected  in  it,  and  hence  all  the  means 
of  the  Government  for  the  purchase  of  supplies  will  consist  of  this 
medium.  Admitting  that  the  :nnount  which  may  bo  raised  from,  these 
sources,  is  nominally  equnl  to  the  estimated  expenditures,  there  is 
yet  no  secarity  against  such  a  further  decline  in  the  value  of  the 
notes  as  will  disappoint  present  calculations,  and  add  enormously  to 
the  accumulation  of  the  public  dobt.  The  time,  therefore,  seems  to 
have  arrived  when  Congress  should  take  measures  to  restore  and  sus- 
tain the  currency,  or  mvike  provision  for  its  honorable  redemption, 
and  resort  to  the  use  of  specie  an'l  bank-note's.  The  adoption  of  tiie 
last  alternative,  it  is  feared,  would  produce  great  embarrassment  in 
the  community,  and  the  impossibility  of  obtaining  an  adequate  supply 
of  spjcie  and  bank-notes  for  the  wants  of  the  Govern tnent,  would 
create  the  necessity  for  a  systom  of  universal  impressments,  followed 
by  incalculable  suffering  and  distress. 

That  the  Government  must  be  supplied  with  sufficient  means  to 
carry  on  the  war,  all  arc  agr:!ed.  Our  enemy  offers  us  no  terras  short 
of  unconditional  surrender  of  life,  liberty  and  property,  and  no 
choice  is  left  us,  even  if  we  were  disposed  to  hesitate,  which  Ave  are 
not,  but  to  continue  the  war.  The  adoption,  therefore,  of  a  perma- 
nent and  efficient  system  of  finance  is  indispensable  to  the  full  devel- 
opment and  unconstrained  use  of  our  resources.  The  return  to 
specie  payments  being  for  the  present  impracticable,  the  enquiry  is 
whether  it  is  possible  to  restore  ivnd  maintain  the  value  of  the  treas- 
ury notes  as  a  currency.  The  accomplishment  of  this  end  is  of  such 
vast  importance,  that  it  i^,  of  all  others,  that  to  which  the  resources  of 
the  country  should  be  devoted  and  applied.  Were  it  possible  to  an- 
ticipate the  productions  of  future  years  of  peace,  and  convert  them 
into  money  for  immediate  use  the  expediency  of  resorting  to  such  a 
measure  could  not  be  doubted.  May  not  a  near  approach  to  it  be  made 
by  devoting  a  portion  of  those  future  productions  to  the  purpose  of 
imparting  to  the  treasury  notes  a  high  and  stable  value  ?  I  submit 
that  this  may  be  done,  and  re.spectfully  propose  a  plan  for  its  accom- 
plishment. 

It  is  an  act  pledging  the  faith  of  the  Government  against  the  issue 
of  treasury  notes  beyond  the  amount  authorised  by  the  act  of  17th 
February,  1864  ;  exempting  the  notes  from  taxation  ;  providing  for"  the 
application  of  twenty  per  cent  of  the  taxes  annually  to  the  reduction 
of  that  amount  until  peace  be  declared  or  the  outstanding  sum  be 
reduced  to  1$  1 50,000,000;  continuing  the  tax  in  kind  after  the  war,  and 
appropriating  an  ascertained  proportion  thereof  annually  to  the  redemn  - 
tion  or  payment  of  the  circulation,  until  the  whole  shall  be  retired. 


8 

I  propose  that  the  redemption  shall  be  made  from  the  tithes  of 
cotton,  wheat  and  corn,  at  prices  fixed  by  the  act,  namely  :  cotton  at 
fifty  cents  per  pound,  wheat  at  four  dollars  per  bushel,  and  corn  at 
two  dollars  per  bushel ;  that  the  notes  be  received  after  the  war,  from 
all  persons  liable  to  the  tax  in  kind,  in  commutation  of  their  tithes  ; 
and  that  the  Secretary  of  the  Treasury  be  authorised  to  issue  cer- 
tificates in  exchange  for  treasury  notes,  bearing  six  per  cent,  interest, 
secured  and  redeemable  in  the  same  manner  and  on  the  same  terms  as 
the  notes  themselves,  free  from  taxation  and  receivable  after  the  war 
in  payment  of  the  tax  in  kind ;  and  that  all  notes,  received  into  the 
treasury  for  these  certificates,  be  cancelled. 

The  effect  of  this  measure  would  be  that,  at  present  prices,  the  en- 
tire population  would  be  interested  in  exchanging  their  productions  for 
treasury  notes.  They  would  constitute  not  only  a  safe  currency,  but 
a  profitable  investment,  for  in  the  ratio  of  ten  dollars  for  one,  as  com- 
pared with  specie,  the  produce  obtained  in  payment  at  the  close  of 
the  war,  would  cost  the  following  prices,  viz  :  cotton  five  cents  per 
pound,  wheat  forty  cents  per  bushel  and  corn  twenty  cents. 
These  nominally  low  prices  would  not  operate  to  the  prejudice  of  the 
agriculturalist,  for  his  tax,  being  in  kind,  would  neither  be  increased 
nor  diminished  by  the  price.  It  is  true  he  would  have  a  collateral 
interest  in  common  with  tax  payers  generally,  (for  of  course  all  in- 
terests will  be  taxed,)  in  the  redemption  of  the  notes  at  a  moderate 
rate.  In  this  respect  his  interest  would  be  protected  by  the  prices 
stipulated  by  the  act,  which  are  not  too  low  for  a  time  of  peace.  But 
if  they  were,  a  full  compensation  would  accrue  to  the  tax  payer  in 
the  immediate  enhancement  of  the  notes  and  consequent  reduction  of 
expenses.  And  the  producer  would  find  a  complete  indemnity  in  the 
sale  of  a  bushel  of  corn  now  at  four  dollars,  and  the  application  o  f 
the  money  to  the  payment  of  a  tax  hereafter  of  two  bushels. 

In  suggesting  the  three  articles  of  cotton,  wheat  and  corn,  as  a 
specific  pledge  for  the  redemption  of  the  currency,  no  immunity 
from  their  full  proportion  of  taxation  is  intended  to  be  implied,  in 
respect  of  other  objects  of  the  tax  in  kind,  or  any  subjects  of  taxation 
whatsoever.  These  are  only  assigned  to  this  particular  ofiSce  or  func-  , 
tion  because  of  their  peculiar  adaptation  thereto. 

The  following  is  an  estimate  of  the   resources  to  be  thus   applied, 
viz  :  wheat,  twenty-five  million  bushels  ;  Indian   corn,  two  hundred 
million  bushels,  and  cotton,  two  million  bales.     A  tax  of  ten  per  cent, 
would  yield  as  follows  : 
Wheat,  two  million  five  hundred  thousand  bushels  at 

four  dollars,  $10,000,000 

Indian  corn,  twenty  million  bushels  at  two  dollars,  40,000,000 

Cotton,  two  hundred  thousand  bales,  at  $200  per  bale,      40,000,000 


$90,000,000 


This  amount  applied  annually  would  redeem  the  notes  outstanding 
in  four  or  five  years.  The  credit  due  to  this  estimate  may  be  inferred 
from  the  following  summary  of  the  crops  of  the  Confederate  States 
before  the  war,  taken  from  the  United  i^tatea  census  of  18G0  : 


so 


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10 

The  leading  details  of  this  plan  or  measure  to  reassure  the  public 
cf  the  safety  of  the  currency,  and  the  redemption  of  it  in  full,  will 
consist  of  the  ratio  in  which  the  selected  staples  should  be  com- 
bined, and  of  the  provision  necessary  to  equalize  the  value  of  the 
postponed  and  preceding  instalments.  The  combination  of  the 
staples  as  recommended  in  this  report  is  1-9  of  wheat,  4-9  of 
corn,  and  4-9  of  cotton.  The  scheme  recommended  in  another 
plice,  for  the  purpose  of  harmonizing  the  value  of  the  successive 
instalments,  is  the  substitution  of  certificates,  bearing  interest,  for  the 
currency,  set  apart  by  the  holders,  in  cor^mutation  of  the  tax, 
or  to  purchase  the  tithes.  After  the  most  careful  investigation  I  am 
satisfied  that  the  measure  may  be  successfully  reduced  to  practice. 

Under  the  operation  of  this  system  a  sure  appreciation  of  the  cur- 
rency may  confidently  be  expected.  All  will  discern  the  advantage  to 
arise  from  the  acquisition  of  treasury  notes  at  present  prices,  and 
even  foreign  capital  may  be  expected  to  absorb  a  part,  for,  at  the  rate 
of  ten  dollars  for  one  dollar  of  specie,  the  cost  of  cotton  would  be 
reduced  to  five  cents  per  pound.  Confidence  may  be  expected  to 
return  ;  for  those  who  dread  repudiation,  and  those  who  would  regard 
the  return  to  specie  payments  with  equal  alarm,  would  both  be  en- 
couraged and  assured.  In  imparting  increaeeil  value  and  security  to 
the  treasury  notes,  greater  reliance  in  the  value  of  the  fanded  debt 
would  be  inspired,  for  the  expenditures  would  bo  reduced  and  the 
accumulation  of  debt  be  retarded. 

The  currency  debt  being  provided  for,  the   total  remainder,   to-wit: 
the  funded  debt,  would  be  as  already  stated,  §738,310,090 

And  if  to  this  sum  be  added  the  amount  of  bonds  to 
be  sold  before  the  1st  January,  which  may  be  esti- 
mated at  about,  40,000,000 


The   total    sum  of  interest-bearing    debt   on  the  1st  of 

January,  I8G5,  will  be,  $778,340,090 

The  value  of  the  real  and  personal  property  in  the  Confederate  States 
in  !860  according  to  the  United  States  census,  taken  at  specie  value, 
was,  $5,202,166,107 

Notwithstanding  the  waste-  and  desolation  of  the  war,  and  the 
amount  of  property  in  the  enemy's  lines,  the  subjects  of  taxation 
under  the  act  of  17th  February,  1864,  according  to  the  returns  made 
to  the  commissioners  by  the  assessors,  under  the  act  of  19th  August, 
ISO  I,  is  as  follows,  viz: 
Property  employed  in  agriculture: 

Specie  value,  $2,900,758,777 

Currency  valued, at  $5  for  $1,  $14,503,793,890 

Other  property : 

Specie  value,  1,450,379,379 

Currency  valued  at  $7  for  $1,  10,152,655,653 


Specie  value,  $4,351,138,156 

Currency  value,  ==,,=-—  $24,656,449,543 


11    . 

There  is  an  element  of  our  national  wealth,  taken  singly,  that 
exhibits,  in  a  striking  view,  the  amplitude  of  our  resources  to  meet  our 
wants.  I  refer  to  the  great  staple  of  cotton.  The  nett  proceeds  of 
one  bale  exported  and  sold  in  England  at  the  present  price  is  about 
two  hundred  dollars  in  gold  ;  and  at  the  rate  of  ten  dollars  in  cur- 
rency for  one  dollar  in  gold,  this  is  equal  to  two  thousand  dollars; 
and  to  four  billions  dollars  for  the  two  millions  of  bales  estimated  to 
bo  still  in  the  country  ;  a  sum  more  than  five  times  as  great  as  the 
funded  debt.  The  impossibility  of  realising  the  full  benefit  of  this 
resource  under  existing  circumstances  is  admitted;  but  the  statement 
exhibits  the  abundance  of  our  means;  and  every  effort  should  be  made 
to  apply  this  great  element  of  wealth  and  power  to  the  purpo^-e  of 
arresting  the  progress  of  depreciation,  and  retarding  the  accumulation 
•of  debt. 

I  propose  an  additional  duty  of  five  cents  per  pound  on  the  exporta- 
tion of  cotton  and  tobacco  and  the  duplication  of  the  duties  on  im- 
ports; payment  to  be  made  in  coupons  of  the  five  hundred  million 
loan,  sterling  exchange  and  specie,  as  now  provided  by  law.  The 
price  of  cotton  in  Liverpool  being  about  sixty  cents  per  pound,  the 
deduction  of  five  cents  for  the  tax  would  hardly  have  an  apy>icci^b]e 
effect  upon  its  value  in  currency.  The  duty  would  fall  chiefly  on  the 
foreign  consumer,  or  be  taken  from  the  profits  of  the  exporter;  and 
an  important  financinl  advantage  would  be  obtained  at  a  moderate 
expeni>e  to  the  country.  The  increased  duty  on  iuiports  would  be  a 
small  tax  on  this  lucrative  trade.  If  paid  by  the  importer,  it  would 
be  free  from  all  objecrion  ;  and  if  by  the  consumer,  his  ability  to  bear 
it  is  abundantly  proven  by  the  high  price  paid  for  goods.  These 
measures  would  enhance  the  value  and  enlarge  the  demand  for  the 
five  hundred  million  loan. 

The  expenditures  for  the  six  months,  from  the  1st  of  January  to  the 
1st  of  July,  I8G0,  with  an  improved  currency,  may  be  safely  esti- 
mated at  a  maximum  of  ^3'-)0,UUl),()Ull ;  and  for  the  twelve  months 
at,  $6(JU,UUU,0l)0 

To, this   amount  must   be  added   for  the  redemption  of 

notes  as  proposed,  the  sum  of,  60, 000, 000 

And  for  the  estimated  amount  of  floating"  debt,  ll'i,000,000 


^774,0(U),\IOO 

To  meet  these  demands  upon  the  Treasury,  I  propose  the  following 
scheme  of  taxation  and  loans,  viz  : 

1.  Taxation,  including  the  tax  in  kind,  $360,000,000 

2.  Sale  of  bonds  of  the  500-milIion  loan  and  cer- 
tificates of  indebtedness,  409,000,000 

3.  Import  and  export  dues  and  miscellaneous  re- 
ceipts, 5,000,000 

$774,000,000 


12 

To  raise  the  amount  proposed  by  taxation,  I^recommend  the  repeal 
of  80  much  of  the  act  amending  the  act  of  17th  February,  18G4,  a3 
■will  leave  the  property  and  income  tax  in  full  operation,  without  the  ' 
abatements  no)/f  allowed,  viz:  Section  1,  paragraph  1,  of  the  amend- 
atory act  of  14th  June,  1S64,  which  provides  that  the  value  of  the 
tax  in  kind  shall  be  deducted  from  the  ad  valorem  tax  on  agricultural 
property  ;  and  section  8,  paragraph  2,  of  the  same  act,  which  pro- 
vides that  the  property  tax  shall  be  deducted  from  the  income  tax. 
By  this  change  the  desired  amount  of  revenue  will  bo  secured,  and 
the  prominent  inequalities  of  taxation,  now  the  subject  of  complaint, 
will  be  redressed. 

The  tax  in  kind  being  ten  per  cent.,  and  its  value  in  currency,  • 
$145,0011,1)1)0,  it  follows  that  the  productions  taxed  amounted  in  value 
to  Sl,45!),()>)0,000  ;  and  the  assessed  value  of  the  property  from 
which  these  productions  are  derived  being  $2,900,758,778  40,  it  is 
apparent  that  the  gross  income  of  $1,450,000,000  is  equal  to  fifty 
per  cent,  of  the  assessed  value  of  the  property.  Hence,  an  a'gricul- 
tural  estate  of  the  value  of  $100,000,  subject  to  an  ad  valorem  tax  of 
^5,000,  yielded  a  gross  income  of  $50,000.  The  tithe  of  this  in- 
come ($5,000)  paid  the  property  tax,  and  left  undiminished  $45,000 
of  income.  This  result  was  the  consequence  of  valuing  the  property 
for  taxation  in  specie,  and  the  productions  received  in  payment  of 
the  tax  in  currency.  Had  the  property  been  valued  in  the  medium 
in  which  the  tax  was  payable,  the  assessment  would  have  been  at 
least  $500,000,  and  the  tax  $25,000;  or  had  the  articles  received  in 
kind  been  valued,  as  the  property  was,  in  specie,  the  payment  would 
not  have  exceeded  $2,000,  and  $3,000  more  of  tax  would  have  been 
received  in  currency. 

The  inequality  of  taxation  that  resulted  is  made  conspicuous  by  a 
comparison  with  investments  made  in  Government  securities.  The 
same  sum  of  $100,000,  in  eight  per  cent,  bonds,  yielding  $8,000 
per  annum  interest,  paid  $5,000  tax,  and  left  a  clear  income  of  only 
$3,000.  Capital  invested  in  banking  presents  a  contrast  equally 
striking.  One  of  the  banks  in  Richmond,  which  is  referred  to  as  an 
example  only,  on  a  capital  of  $2,336,000,  paid  $424,400  taaes, 
the  specie  being  assessed  at  eighteen  times  the  value  of  1860;  and 
the  amount  distributed  among  the  stockholders  as  income  was 
$268,641).  On  $100,000  consequently,  thus  invested,  the  tax  was 
$18,000,  and  the  income  $1 1,600.  These  inequalities  give  rise  to 
grave  complaints,  whilst  any  amount  of  taxation  equitably  distributed 
■would  doubtless  be  cheerfully  met. 

The  collection  of  a  large  sum  in  taxes  is  essential  to  the  reform  of 
the  currency,  and  the  country  is  in  a  condition  the  most  favorable  to 
bear  the  burden.  The  abundance  of  money,  and  high  price  of  every 
species  of  property  and  supplies,  would  render  the  payment  easy  and 
free  from  embarrassment.  The  treasury  will  derive  little  aid  from 
this  source  in  the  present  year.  The  tax  on  the  currency  brought  no  • 
revenue,  operating  only  as  a  reduction  of  the  circulation  The  other 
taxes,  with  comparatively  little  exception,  will  be  received  in  four  per 
cent,  bonds.     The  taxes  upon  property  and  income  respectively,  are, 


13 

to  some  extent,  nominal  only  ;  the  ad  valorem  tax  on  property  engaged 
in  agriculture  being  discharged  by  the  credit  of  the  tax  in  kind,  and 
the  income  tax  on  other  property  diminished  by  the  -whcle  sum  of 
the  ad  valorem  tax.  These  abatements,  and  the  payments  in  four  per 
cent,  bonds,  result  in  reducing  the  revenue  from  taxation  (exclusive 
of  the  soldiers'  tax)  to  about  !$40,OU(),()()0. 

The  accompanying  able  report  of  the  Commissioner  of  Taxes  is 
referred  to  for  much  valuable  and  interesting  information  on  this  im- 
portant subject. 

Computing  the  property  of  the  country  at  the  present  estimated 
value,  the  following  is  the  existing  rate  of  taxation,  viz  : 

Value  of  real  and   personal  property  in   currency,  rated  at  five  to 
seven  times  the  valuation  of  1860,  $24,666,449,551 

Total   amount  of  taxes,  including  the  tax  in  kind, 

and  the  soldiers'  tax,  $287,000,000 

which  is  at  the  rate  of  one'and  one-sixth  per  cent. 

With  this  estimate  of  the  resources  of  the  Confederacy,  the  taxes 
proposed  for  the  ensuing  year  cannot  be  deemed  excessive.  The  sum 
of  §360,000,000,  reduced  into  specie  at  twenty  dollars  for  one  dollar, 
is  only  $1S,1>0U,000  ;  and  this  amount,  applied  to  the  values  of  1860, 
Tiz  :  $4,351,138,157,  is  at  the  rate  of  less  than  one-half  of  one  per 
cent.  And  if  the  calculation  is  made  in  currency,  viz  :  $360,000,01)0, 
upon  an  assessment  of  $24,656,449,551,  it  would  amount  to  one  and 
a  half  per  cent.  And  when  it  is  remembered  that  with  the  payment 
of  the  taxes  quarterly,  a  measure  ■which  I  strongly  recommend,  less 
than  one-fourth  of  the  currency  will  suffice  for  the  quarter's  tax,  and 
the  amount  collected  in  any  one  quarter  will  be  restored  to  the  circula- 
tion before  another  becomes  payable,  it  is  apparent  that  the  resources 
of  the  country  are  ample  to  meet  the  proposed  increase  of  taxes. 

It  may  be  objected  that  the  several  measures  combined  will  unduly 
reduce  the  circulation,  and  expose  the  country  to  the  evils  of  a  declin- 
ing and  insufficicient  currency.  The  reply  to  this  objection  is,  that  the 
evils  predicated  are,  to  some  extent,  inseparable  from  the  reduction  of  the 
currency  and  the  improvement  of  its  value.  Any  measures  that  are 
successful  in  effecting  the  desired  reform  must,  of  necessity,  be  fol- 
lowed by  the  trials  that  attend  upon  such  a  transition.  If  Congress 
does  not  interpose,  and  by  some  such  measures  as  1  have  ventured  to 
recommend,  restore  the  currency,  gradually,  judiciously,  and  by 
means  of  voluntary  action,  it  will  assuredly  rectify  itself  by  some 
violent  and  disastrous  convulsion. 

The  developments  attending  the  execution  of  the  Currency  Act 
of  February  17,  1864,  reveal  clearly  that  the  great  body  of  the  cir- 
culation is  hehl  in  moderate  sums  by  persons  of  limited  means,  in  all 
classes  of  the  population.  The  deposits  held  by  the  banks,  large 
as  they  are  in  the  aggregate,  proved  to  be  the  accumulations  of 
individual  depositors  in  all  parts  of  the  country.  The  report 
of  the  depositaries,  appointed  for  funding  the  old  notes  show 
that  soldiers,  soldiers'  families  and  the  poor  generally,  have  been  the 


14 

heaviest  sufferers  by  the  tax  on  the  currency  and  its  depreciation. 
In  view  of  the  large  stake  of  the  poorer  classes  of  society  in  the 
currency,  the  responsibility  of  fixing  the  value  and  establishing  the 
security  of  the  notes,  assumes  the  gravity  of  a  sacred  duty.  The 
soldier,  and  all  who  are  forced  to  the  immediate  use  of  their  money, 
are  without  the  chance  of  redress  for  the  loss  they  sustain  by  the 
depreciation,  whereas  the  capitalist  has  it  in  his  power  to  indemnify 
himself,  and  even  reap  a  profit  by  investing  in  public  bonds. 

The  measures  proposed  may  be  expected  to  correct  this  inequality, 
and  give  to  those  who  claim  our  sympathy  a  mortgage  upon  our  future 
supplies  for  bread  at  fair  prices,  and  when  the  war  is  over  the  country 
will  eRJoy  the  satisfaction  of  having  protected  its  defenders  from  want. 

If  the  proposed  reform  should  be  followed  by  a  general  and  large 
decline  in  prices,  the  result  would  be  hailed  with  the  liveliest  satis- 
faction, except  by  those  whose  imprudent  investments  have  con- 
tributed to  the  derangement  we  desire  to  correct.  No  improvement 
of  the  currency  can  be  expected  that  will  not  be  attended  by  an  im- 
mediate decline  of  prices.  It  will,  therefore,  be  idle  to  say  that  the 
reform  of  the  currency  is  desired,  if  we  are  willing  that  existing 
prices  should  be  continued,  and  to  shrink  from  measures  that  will 
be  attended  by  the  results  indicated,  is  *o  oppose  the  reform  of  the 
currency.  The  time  for  hesitation  is  past,  and  one  of  two  alternatives 
must  be  adopted.  Measures  should  be  taken,  without  delay,  to 
revive  confidence  in  the  treasurv  notes  and  uphold  their  value,  or  a 
tax  payable  in  specie  and  the  notes  of  solvent  banks  be  resorted  to. 
In  the  most  favorable  light  in  which  the  notes  can  be  regarded,  the 
purchasing  quality  does  not  exceed  one  to  seven  or  eight,  as  compared 
with  specie  ;  and  the  bonds  are  even  lower  in  value,  being  sold  at 
the  rate  of  one  hundred  dollars  in  bonds  for  six  dollars  in  specie. 
To  continue  such  exchanges,  if,  indeed,  for  any  length  of  time  it 
were  possible,  would  be  ruinous.  But  my  conviction  is,  that  it  is 
isipossiblc  to  persevere,  and  unless  prompt  and  decided  measures  of 
reform  ere  adopted,  the  progress  of  depreciation  will  be  accelerated, 
and  our  embarrassments  become  insurmountable.  I  would,  there- 
fore, earnestly  urge  upon  Congress  the  necessity  of  acting  with  dis- 
patch, and,  by  the  adoption  of  vigorous  and  decided  measures,  restore 
the  value  of  the  currency  and  avert  the  calamity  with  which  we  are 
threatened. 

To  remove  apprehensions  of  our  ability  to  bear  with  convenience 
the  increased  taxation  recommended,  it  will  suffice  to  call  attention  to 
the  amount  of  taxes  paid  this  year. 

The  total  amount  of  taxes  is  estimated  at  $374,188,414 

But  from  this  sura  must  be  deducted   the  credit    given 

for  the  tax  in  kind  and  the  income  tax,  viz  :  138,787,245 


Leaving  as  the  amount  of  taxes  actually  paid,  $245,401,109 

To  this  amount  must  be  added    the    tax    on    treasury 
notes  of  thirty-three  and  a  third   per  cent.  ;  and 

Carried  forward,  $-245,4Ul,169 


15 

Brought  forward,  _         ^  $245,401,169 

as  the  four  per  cent,  bonds  have  declined  in  ralue 
to  $66.66  per  $100,  the  tax,  in  efiect,  included  the 
■whole  sum  of  issues,  except  in  so  far  as  the  bonds 
were  used  at  par  in  the  payment  of  taxes,  viz  : 

Total  issue,  $797,792,000 

Less  estimated  amount  of  four  per  cent, 
bonds  receivable  in  payment  of 
taxes,  89,000,000 


$:n8,792,000 


$708,792,000  at  thirty-three  and  a  thiid  per  cent.,  236,264,000 

Sum  of  taxation  actually  borne  by  the  people  in  1864,  $481,665,163 

Of  this  sum  there  was  received  in  aid  of  the  Treasury,  viz  : 
Tax  in  kind,  valued  at  $145,527,431 

Tax  paid  in  currency,        .  40,000,000 

$185,527,431 
It  is  now  proposed  to  raise  $360,000,000,   which   will 

bring  into  the  Treasury  an  excess  over  last  year  of    174,472,569 

$360,000,000 
whilst  the  sum  of  taxation  to  be  met  by  the  people  will  be  $12 1,6 65,- 
169  less  than  last  year. 

T  would  respectfully  recommend  that  all  Government  bonds  and 
stocks,  and  loans  of  every  description  to  the  Government,  be  declared 
free  from  taxation,  except  upon  the  income  derived  therefrom  ;  and 
that  the  income  tax  be  at  the  same  rate  and  subject  to  the  same  con- 
ditions as  other  income  taxes.  The  policy  of  this  measure  is  cbvious. 
Under  existing  laws,  except  in  the  case  of  the  five  hundred  million 
loan  and  the  certificates  of  indebtedness,  the  income  derived  from 
Government  securities,  is  nearly  all  taken  back  in  the  form  of  taxa- 
tion. One  effect  is  to  drive  the  bonds  abroad  and  create  a  foreign 
debt  that  will  be  found  oppressive  on  the  return  of  peace,  and  an- 
other is  to  raise  a  preference  for  other  investments  over  Government 
securities.  Many  investments  yield  a  larger  income  than  simple 
interest,  and  are  capable  of  bearing  the  tax ;  but  the  interest  on 
Government  loans  being  limited,  and  not  susceptible  of  augmenta- 
tion, the  tax  of  five  per  cent,  absorbs  nearly  the  entire  income.  In 
the  case  of  the  four. per  cent,  bonds  the  whole  would  be  taken,  and 
when  it  is  remembered  that  this  rate  of  interest  is  low,  and  that  the 
loan  was  in  a  measure  compulsory,  this  class  of  public  creditors  seem 
particularly  entitled  to  the  consideration  of  Congress.  Tender  re- 
gard for  the  just  claims  of  those  who,  confiding  in  the  honor  and 
good  faith  of  the  Government,  responded  to  its  calls  for  pecuniary  aid 
will  be  attended  by  no  loss,  since  they  who  deal  the  most  honorably  with 
the  creditor  invariably  borrow  on  the  best  and  most  economical  terms. 


16 

I  would  particularly  call  attention  to  a  class  of  creditors  now  lend- 
ing their  money  to  the  Treasury  at  four  cent,  interest,  on  the  hypothe- 
cation of  the  six  per  cent,  non-taxable  bonis.  It  is  obviously  the 
interest  of  Government  to  exempt  these  loans  from  taxation,  in  like 
manner  with  the  bonds  they  represent. 

The  tax  also  upon  the  banks  deserves,  in  a  particular  manner,  the 
careful  consideration  of  Congress.  It  would  be  a  conspicuous  wrong 
to  constrain  these  institutions  to  wind  up  their  affairs,  and  a  serious 
loss,  both  to  the  public  and  the  Government  to  deprive  the  country  of 
the  support  to  be  drawn  from  the  concentrated  capital  they  possess. 
This,  I  think,  must  eventually  be  the  effect  of  the  present  tax  if  con- 
tinued, and  I  recommend  a  modification  of  the  law,  such,  in  ray 
opinion,  as  will  give  the  desired  relief,  and  leave  the  revenue  undi- 
minished.    The  assets  of  the  banks  represent  the  following  interests: 

1.  The  capital  belonging  to  the  stockholders. 

2.  The  surplus  fund  also  belonging  to  the  stockholders. 

3.  The  deposits  belonging  to  their  customers. 

4.  The  outstanding  circulation  belonging. to  the  bill  holders. 
The  following  plan  of  taxation  is  proposed  : 

1.  That  the  ad  valorem  tax  be  laid  upon  the  sura  of  the  capital  and 
surplus  profits,  being  the  total  property  of  the  stockholders  expressed 
in  currency. 

2.  That  deposits  be  free  from  taxation,  as  consisting  of  treasury 
notes  only,  a  tax  upon  which  reacts  upon  the  Government. 

3.  That  a  tax  of  twenty-five  per  cent,  be  laid  upon  the  notes  of  the 
bank,  payable  in  specie  and  treasury  notes,  the  former  in  the  propor- 
tion that  the  specie  held  by  the  bank,  bears  to  the  sum  of  the  outstand- 
ing notes  ;  provided,  that  all  bill  holders,  presenting  their  notes  at  the 
bank  and  making  affidavit  that  the  notes  were,  on  the  day  of  the 
passage  of  the  act,  the  property  of  loyal  citizens  or  aliens  in  amity 
with  the  Confederate  States,  shall  be  taxed  five  per  cent,  only,  and 
in  the  same  proportions  as  to  specie  and  treasury  notes.  And  that  it 
be  made  the  duty  of  the  bank  to  record  the  notes  thus  presented,  with 
the  names  of  the  persons  holding  the  same,  and  to  collect  and  pay  the 
tax,  and  to  report  to  the  proper  officer  for  sequestration,  as  in  the 
hands  of  the  enemy,  all  notes  not  presented  for  record  and  taxation 
under  the  provisions  of  the  act.- 

Tho  circulation  of  the  banks  on  the  Ist  of  January,  1859,  was  as 
follows,  and  there  is  no  reason  to  suppose  that  it  is  now  any  less  : 

Virginia,  $10,349,342 

North  Carolina,  6,202,626 

Georgia,  11,687,582 

South  Carolina,  9,170,333 

Alabama,  6,651,117 

Louisiana,  9,094,(i09 

Mississippi,  169,400 

Tennessee,  6,472,822 

$59,797,231 


17 

If  limited  to  the  five  first  named  States,  the  tax  would  still  operate 
on  a  sum  of  forty-three  million  dollars  ;  and  if  the  returns  shall  ex- 
hibit a  smaller  amount  than  this,  the  residue  would  be  brought  under 
sequestration,  and  contribute  more  largly  than  the  tax  to  the  relief 
of  the  treasury. 

The  courts  having  decided  that,  under  the  act  of  15th  February, 
1862,  section  twenty-seven,  the  four  per  cent,  bonds,  issued  under 
the  act  of  17th  February,  18G4,  to  reduce  the  currency,  are  receiva- 
ble in  payment  of  property  sold  under  the  sequestration  laws,  I  would 
respectfully  call  the  attention  of  Congress  to  the  subject.  This  can- 
not have  been  the  iutention,  and  as  no  other  bonds  are  thus  applied, 
but  such  as  are  under  par,  I  recommend  the  repeal  of  that  provision  of 
the  law. 

I  would  also  direct  the  attention  of  Congress  to  the  7.30  notes. 
The  payment  of  interest  is  attended  with  the  risk  of  frauds,  and  the 
regulations  adopted  for  the  security  of  tbe  treasury  are  found  incon- 
venient to  the  public.  For  these  reasons  it  is  desirable  to  change  the 
form  of  these  obligations,  and  I  recommend  that  authority  be  given 
to  insue  six  per  cent,  coupon  bonds  in  exchange  for  the  notes.  This 
measure  would  effect  a  saving  in  interest  of  one  million  three  hun- 
dred thousand  dollars  annually,  which  sum  capitalised  is  equal  to  a 
reduction  of  neafly  twenty  million  dollars  of  the  principal  of  the 
debt. 

In  the  act  of  June  1 4,- 1804,  to  increase  the  compensation  of  the 
heads  of  the  several  executive  departments,  and  other  officers  and 
clerks  of  the  Government,  the  terms  used  have  been  decided  not  to 
include  the  Commissioner  of  Taxes,  and  the  heads  of  the  other  bu- 
reaus of  the  Treasury  Department,  it  is  not  supposed  to  have  been 
the  intention  of  Congress  to  deny  these  officers  the  relief  extended  to 
others,  and  I  suggest  the  early  passage  of  an  act  to  bring  them  within 
the  meaning  and  entitle  them  to  the  benefits  of  the  act  of  Ist  June. 

The  third  section  of  the  act  **  to  organiz.o  forces  to  serve  during 
the  war,"  approved  17th  February,  18C4,  authorizes  the  Secretary  of 
the  Treasury  to  issue  bonds  for  the  p^yraent  of  the  bounty  pro- 
vided by  the  act,  but  omits  to  fix  a  time  for  the  payment  of  the 
b'ond^ ;  and  I  respectfully  recommend  that  the  act  be  amended  in  that 
particular. 

I  have  the  honor  to  report  that  the  agency  of  the  Treasury  in  the 
trans  Mississippi  department  has  been  organized  and  put  in  operation, 
after  a  protracteil  debiy  occasioned  by  the  difficulty  of  communication. 
The  same  cause  has  retarded  the  receipts  therefrom  of  statements  ex- 
hibiting the  result  of  the  funding  and  of  its  other  operations.  Sup- 
plies of  the  new  issue  of  treasury  notes,  of  bonds  and  certificates  of 
indebtedness,  have  been  sent  to  that  department,  and  there  is  every 
grounil  to  believe  that  order  and  efficieucy  will  soon  take  place,  and 
the  difficulties  and  enibarras::ment8  hitherto  experienced  there  be  re- 
moved. 

The  reports  of  the  Chiefs  of  the  Produce  Loan  Bureau  and  of  tho 
Treasury  Note  Bureau  will  be  submitted  to  Congress  in  a  separate 
communication.  0.  A.  TRENHOLM, 

2  Secretary  of  Treasury. 


ptEP^ o  m? 


or    THE 


C0M311SSI0NER  OF  TAXES. 


Office  of  Commissioner  of  Taxes,  > 
Richmond,  October  2 S,  1864.      ), 

Hon.  G.  A.  Trenholm, 

Secretary  of  the  Treasury  : 

Sir  :  I  have  the  honor  to  refer  you  to  the  tables  hereto  attached",, 
showing  the  estimated  sum  which  will  be  realized  for  the  year  1864. 
from  the  tax  laws  now  in  force  in  each  of  the  States  in  the  Confeder- 
acy in  which  it  is  practicable  to  collect  taxes.  The  process  by  which 
these  estimates  have  been  arrived  at  will  be  seen  by  reference  to  the 
attached  statements.  By  reference  to  table  marked  A,  it  will  be  seen 
that  the  total  amount  is  $145,527,431  34.  These  estimates  are  pre- 
dicated upon  the  returns  of  war-tax  assessments  for  the  year  ISGI. 
The  original  assessments  thus  taken  have  been  increased  twenty  per 
centum,  to  cover  such  objects  of  taxation  as  were  not  taxable  under  the 
act  of  19th  August,  1861,  but  which  are  included  in  the  general  terras 
"  real,  personal  and  mixed  of  every  kind  and  description,"  as  employed 
in  the  act  of  17th  February,  1861.  To  this  estimate  has  been  added  the 
estimated  value  of  gold  and  silver  plate,  jewels,  jewelry  and  watches, 
in  each  State,  the  tax  upon  which  is  ten  per  cent. — five  per  cent,  more 
than  that  levied  upon  the  other  objects  of  taxation.  Deductions  have 
been  made  for  regions  occupied  by  the  public  enemy,  and  destruction 
of  crops,  &c.,  and  these  are  based  upon  such  meagre  information  as 
could  be  derived  from  my  knowledge  of  the  foothold  of  the  enemy  in 
the  several  States,  and  from  such  general  items  of  information  con- 
nected therew  ith  as  would  influence  the  allowance  of  per  centage. 

In  arriving  at  the  amount  of  tax  above  stated,  certain  deductions^ 
have  been  allowed  on  account  of  property  employed  in  agriculture- 
and  the  credit  required  by  law  upon  the  income  tax,  where  the  prop- 
erty and  effects  producing  the  income  have  been  taxed.  It  is  esti- 
mated that  at  least  two-thirds  of  the  property  of  the  Confederate 
States  is  employed  in. agriculture,  and  that  the  income  tax  for  the 


20 

jear  1864  Tsill  be  diminished  at  least  ten  per  cent,  by  the  deduction, 
on  account  of  ad  valorem  tax. 

The  estimate  of  all  other  taxes  (under  the  act  of  24th  of  April,  1363, 
rs  amended  and  approved  17th  February,  1864,)  is  based  upon  the 
collections  as  already  returned  to  this  office.  This  is  done  in  tho 
absence  of  the  assessment  lists,  ^Vhich  should  form  the  proper  basis  for 
all  estimates  of  this  character,  as  they  alone  can  furnish  reliable  data. 

These  lists  have  been  returned  very  lute,  and  in  many  cases  they 
have  not  bet^  returned  at  all,  and  the  clerical  force  is  not  sulficient 
for  their  examination,  even  if  the  clerks  were  permitted  to  remain  at 
their  duties.  It  is  superfluous  for  me  to  say  that  a  large  number  of 
my  cleiks  have  been  in  the  field  for  weeks  past,  and  that  prior  to  that 
time  they  '.vere  subject  to  constant  calls  during  the  summer,  and  were 
cut  a  month  at  a  time  on  some  occasions,  consequently  the  lists  have 
not  been  examined  as  they  should  have  been. 

The  soldiers'  fund  tax,  by  the  terms  of  the  law,  is  one-fifth  of  all 
other  taxes  imposed  upon  subjects  of  taxation  for  the  year  1864,  and 
includes  property  employed  in  agriculture,  without  any  deduction  on 
account  of  tithes  paid. 

By  statement  B,  herewith,  it  will  be  seen  that  the  amount  of  taxes 
actually  collected  and  reported  to  this  office  is  1$  1 18,845,744  57. 
This  includes  the  tax  of  1863,  and  what  has  been  collected  and  re- 
ported under  the  act  of  17th  February,  1864,  and  amendments,  and  the 
soldiers'  tax  act.  It  is  impossible  at  this  time  to  segregate  the 
amount  collected  under  each  law,  much  less  to  state  in  what  propor- 
tions it  is  derived  from  the  many  sources  or  subjects  of  taxation.  It 
will  not  be  possible  to  do  this,  or  to  approximate  the  amounts,  until 
the  lists  have  been  received  and  examined,  full  returns  made  from  all 
the  States,  and  the  books  of  this  office  for  the  tax  year  shall  have  been 
fully  made  up  and  completed.  The  taxes  for  this  year,  from  the  best 
information  I  can  obtain,  will  all,  or  nearly  so,  be  collected  by  the  1st 
of  January,  except,  of  course,  the  income  and  such  other  taxes  of  the 
year  as  are  not  payable  till  1865. 

I  have  endeavored  to  estimate  the  probable  proportions  of  the  tax 
of  this  year  which  will  be  collected  in  four  per  cent,  certificates  and 
currency.  Inasmuch  as  it  is  to  the  interest  of  the  tax-payer  to  use 
the  four  per  cents  in  payment  of  his  taxes,  it  is  presumed  that  he  will 
do  so  in  every  case  in  which  they  are  receivable,  and  that  no  currency 
will  be  used  when  the  certificates  will  answer  the  same  purpose.  By 
the  terms  of  the  law,  as  before  stated,  the  soldiers'  fund  tax  must  be 
paid  in  currency  of  the  new  issue,  ar.d  the  estimated  amount  of  this 
tax  in  all  the  States  is  $45,653,693  73. 

Then  the  tax  on  coin,  bullion,  foreign  exchange,  &c.,  must  be  paid 
in  coin,  or  treasury  notes  of  the  new  issue,  or  of  the  old  at  a  reduc- 
tion of  one-third.  "What  the  amount  of  this  tax  will  be,  I  have  not 
the  most  remote  means  of  ascertaining.  Besides,  it  is  impossible  to 
conjecture  what  proportion  of  it  will  be  paid  in  coin,  or  what  in  cur- 
rency, at  the  commutation  value  of  coin.  The  presumption  is,  how- 
ever, that  much  the  greater  portion  will  be  paid  in  currency.  Then, 
as  a  mere  guess,  I  would  say  that  $l(),n0O,OUU  additional  will  be  paid 


21 

in  currency,  making  $55,6o3,693  73,  and  after  deducting  this  sum 
from  the  whole  amount  of  estimated  taxes  for  the  year  1864,  there 
remains  $.i9,873,737  61,  which  will  be  paid  in  four  per  cent,  cer- 
tificates. 

It  is  impracticable  to  say  or  e^en  to  approximate  with  any  degree 
of  certainty  the  proportions  which  the  different  interests  of  the  com- 
munity will  pay  of  the  estimated  taxes  for  this  year.  After  full 
returns  shall  have  been  received,  and  the  books  of  the  office  are  made 
up,  something  satisfactory  on  this  subject  may  be  arrived  at. 

I  can  state,  I  think,  with  tolerable  accuracy,  from  investigations  on 
the  subject,  that  the  agricultural  interest,  in  addition  to  the  tithe,  will 
pay  about  one-third  of  the  money  tax,  or  $48,5t)9, 1 43  78.  The  tithe 
estimated  at  the  valuation  placed  upon  it  in  1863,  (the  market  yalue 
in  Confederate  currency  hi  the  neighborhood  where. assessed,)  will 
probably  be  equal  to  the  money  tax,  say  $145,527,431  o4.  The 
value  of  the  property  from  which  tithes  are  to  be  collected  is  esti- 
mated to  be  two-thirds  of  the  value  of  the  whole  amount  of  property 
taxed  under  the  act  of  17th  February,  1864,  say  $2,900,758,778  40. 
This  is  the  estimated  value  of  the  property  employed  in  agriculture, 
from  which  the  tithe  is  to  be  collected,  upon  the  basis  of  valuation  of 
1861,  which  may  be  regarded  as  a  specie  basis.  It  is  estimated  that 
this  class  of  property  has  appreciated  at  least  five-fold  in  Confederate 
currency,  and  by  multiplying  the  specie  value  by  five,  the  result  is 
$14,503,793,892,  its  present  value  in  currency. 

I  beg  leave  to  refer  to  some  of  the  inequalities  in  the  present  tax 
laws.  The  tax  on  gold  and  silver  coin,  moneys  held  abroad,  and  for- 
eign credits,  is  five  per  cent,  on  the  amount,  to  be  paid  in  specie,  or 
in  currency  at  the  rate  of  eighteen  dollars  in  currency  for  one  dollar 
in  coin.  All  property  (including  cotton,  tobacco,  land  and  slaves 
not  purchased  since  the  1st  day  of  January,  1862)  is  to  be  assessed 
art  its  value  in  1860,  or  upon  a  specie  basis,  and  the  tax  on  this  is 
only  five  per  cent.,  to  be  paid  in  currency.  Here  exists  a  very  great 
inequality.  A  tract  of  land  worth  §  10,000  in  coin  in  1860,  and  pre- 
sumed to  be  worth  the  same  now,  only  pays  !§500  in  Confederate 
notes  or  four  per  cent,  certificates,  whereas  $10,000  in  gold  coin  pays 
$500  in  coin  or  its  equivalent  in  Confederate  notes,  at  the  rate  of 
eighteen  for  one,  which  is  $9,000. 

Paragraph  three,  section  four,  act  of  17th  February,  1864,  which 
levies  a  tax  of  twenty-five  per  cent,  additional  in  certain  cases,  has 
been  construed  by  the  Attorney  General  only  to  include  corporations 
and  joint  stock  companies;  and  that  simple  companies  or  co-partner- 
ships and  single  owners  of  manufacturing  establishments  are  exempt 
from  the  tax.  If  the  .company  is  not  a  Joint  stock  company,  it  is  held 
that  the  act  does  not  embrace  it,  no  matter  how  great  its  profits  may 
be. 

It  appears  to  me  that  Congress  did  not  intend  that  the  large  num- 
ber of  co-partnership  and  individual  owners  of  manufacturing  estab- 
lishments should  escape  this  tax.  Suppose  two  cotton  mills  in  the  same 
county,  as  frequently  occurs.  The  one  is  owned  by  a  joint  stock  com- 
pany and  the  other  by  a  simple  co-partnership  or  by  a  single  Individ- 


ual.  Their  profits  may  be  equal,  or  those  of  the  simple  co-partner- 
ship or  indiviJual  may  greatly  exceed  those  of  the  joint  stock  com- 
pany; yet  the  one  is  heavily  tared  upon  its  profits  while  the  other 
pays  nothing.  This  inequality,  I  think,  should  be  remedied  by  an 
amendment. 

The  present  general  scheme  of  taxation,  I  think  a  good  one,  and, 
with  a  few  alterations,  will  work  well  and  satisfactorily  to  the  public, 
and  produce  a  large  amount  of  revenue.  In  all  the  legislation  of 
Congress  upon  the  subject  of  taxes,  the  agricultural  interest  has  been 
too  much  favored.  It  is  not  so  much  the  amount  as  the  inequality  of 
taxes  which  produces  discontent  and  murmurings  among  the  tax- 
payers. The  acts  of  Congress  now  in  force  would  raise  a  very  large 
amount  of  revenue  but  for  the  allowance  of  credits,  whereby  one  tax 
is  cancelled  by  another.  Thus,  the  farmer  is  assessed  upon  all  his 
property  and  then  allowed  a  credit  upon  his  property  tax  to  the  amount 
of  the  value  of  his  tithes.  Other  classes  are  taxed  upon  their  prop- 
erty and  allowed  to  deduct  the  ad  valorem  from  the  tax  on  the  income 
derived  from  such  property.  This  multiplies  labor  and  expense  without 
increasing  the  revenue. 

Tax-payers  complain  of  two  heavy  taxes,  when  in  effect  there  is 
only  one,  for  the  excess  of  income  above  th^e  ad  valorem  tax  is  all  that 
is  subject  to  income  tax. 

I  would,  therefore,  respectfully  recommend  that  all  these  credits  be 
abolished,  and  that  property  be  taxed  on  the  basis  of  ISGO,  as  it  is 
now.  Let  the  tax  be  required  in  specie  or  its  equivalent  in  Confede- 
rate notes,  at  the  option  of  the  tax-payer.  Let  the  law  taxing  busi- 
ness avocations  and  professions,  and  the  income  of  every  person, 
partnership  and  corporation  remain  as  it  is,  amending  as  above  sug- 
gested. 

The  merchant  will  then  pay  his  property  tax,  his  business  tax,  and 
his  income  tax,  and  the  farmer  and  planter  will  pay  his  property  tax  ; 
and  his  tithes,  according  to  existing  provisions,  will  be  an  equivalent 
for  and  received  in  full  satisfaction  of  the  tax  on  income  derived  from 
his  property  employed  in  agriculture. 

All  this  may  be  effected  by  simply  repealing  those  clauses  wbich 
allow  the  value  of  the  tithe  to  be  credited  upon  the  ad  valorem  tax  on 
property  employed  in  agriculture,  and  the  ad  valorem  tax  on  property 
not  so  employed  to  be  credited  upon  the  income  tax  derived  from  sucli 
iproperty.  In  my  opinion,  as  little  change  in  the  law  as  practicable 
•should  ba  made.  Tax  laws  should  be  free  from  doubt  and  pcmanent, 
•and,  at  the  same  time,  simple.  It  would  be  very  difficult,  however, 
>to  devise  a  simple  scheme  of  taxation  in  view  of  the  great  multiplicity 
•  of  objects  to  be  taxed.  The  present  one,  though  complicated,  is  now 
jpretty  well  understood  by  the  officers,  and,  in  most  cases,  works  har- 
rmoniously.  Frequent  changes  produce  confusion,  dissatisfaction  in 
the  public  mind,  and  great  delay  and  additional  expense  in  the  assess- 
ment and  collection  of  taxes.  The  amendments  of  the  last  session  of 
Congress  have  thrown  back  the  business  Sitvcral  months,  and  in  view  of 
the  necessary  alteration  of  established  forms,  &c.,has  caused  very  great 
additional  expense.     But  for  such  alterations,  collections  would  have 


commencecl  under  the  act  of  ITth  February  promptly  on  the  1st  of 
June,  and  by  this  time  wpuld  very  likely  be  nearly  advanced  to  com- 
pletion. 

Should  the  credits  before  referred  to  be  repealed,  and  all  property 
and  effects  be  valued  upon  the  specie  basis,  and  the  tax  required  in 
specie,  or  its  value  in  currency,  it  would  be  necessary  to  reduce  the 
rate  per  centum  of  taxation  to  one  or  two  per  cent.,  perhaps,  accord- 
ing to  the  amount  it  might  be  desirable  to  raise  by  taxation. 

I  regret  my  inability  to  report  to  Congress  a  larger  amount  of  col- 
lections. The  causes  have  been  already  partially  alluded  to.  Besides 
the  delay  occasioned  by  the  amendments  to  the  law,  change  of  forms, 
etc.,  my  office  has  had  to  contend  with  many  diflBcultics  and  disadvan- 
tages growing  out  of  a  multiplicity  of '  causes. 

By  reason  of  restrictions  imposed  in  the  law,  it  has  been  difHcult 
from  the  start  to  secure  competent  clerks. 

By  the  thirty-ninth  section  of  the  assessment  act,  no  one  could  be 
appointed  for  duty  in  this  oilice  who  was  under  forty  years  of  age, 
unless  he  had  been  discharged  from  military  service  by  reason  of 
physical  disability  incurred  therein,  or  found  unfit  for  such  service 
by  a  competent  board  of  surgeons.  Physical  disability  was  therefore 
made  a  qualification  by  law  for  an  appointment  in  this  office,  and  the 
consequence  is,  that  some  of  the  worthy,  and  otherwise  fiithful  and 
competent  gentlemen,  serving  therein  as  clerks,  are  frequently  unable 
to  attend  to  their  duties.  Kearly  all  belong  to  the  local  forces,  and 
those  who  are  sufficiently  healthy  have  frequently  been  called  away 
from  their  duties  to  the  field,  and,  since  the  oth  of  May,  have  been 
absent  most  of  the  time  from  that  date  to  the  present.  It  is  extremely 
difficult  to  find  competent  persons,  above  the  age  of  forty-five,  willing 
to  accept  these  positions. 

Under  the  most  favorable  circumstances  it  is  difficult  to  procure  the 
stationery  and  printing  necessary  to  supply  the  immense  number  of 
forms,  lists  and  tax  books  for  assessing  and  collecting  the  taxes,  and 
after  these  had  been  procured,  at  great  labor  and  expense,  such  alter- 
ations were  made  in  the  laws  as  necessitated  corresponding  changes 
in  the  forms,  and  much  of  the  work  had  to  be  done  over  again.  Then 
ihjcs  printers,  postoffice  clerks,  etc.,  were  called  out  at  the  most  critical 
juncture,  and  for  a  long  time  it  was  impossible  to  have  any  printing 
or  binding  executed,  or  to  transmit  the  documents  after  they  w\^re 
printed  to  th.e  various  State  collectors  for  distribution.  And  thus  the 
distribution  of  forms,  and  the  dissemination  of  the  various  and  neces- 
sary instructions  were  retarded,  and  officers  at  remote  points  were 
long  left  in  ignorance  as  to  their  duties  under  the  law.  Contracts 
were  made  in  Richmond  with  parties  to  furnish  the  tax  digests  for 
those  States  in  which  they  could  not  be  procured,  and  these  books 
would  long  since  have  been  completed  and  sent  away,  but  for  the  fact 
that  the  contractors  have  lost  their  printers  and  binders,  who  have 
been  placed  in  the  field,  and,  consequently,  the  work  is  now  sus- 
pended. I  am  powerless  to  devise  a  remedy,  and,  as  much  as  I  regret 
the  delay,  it  will  be  seen  that  I  am  in  nowise  responsible  for  it.  And, 
unless  Congress  should  devise   the  means  of  preventing  such  inter- 


2-1 

ruptions  in  future,  the  functions  of  this  office,  I  fear,  will  be  paralyzed, 
if  not  suspended. 

Owing  to  the  diflicultv  of  communication  with  the  trans-Missis- 
sippi department,  since  the  fall  of  Vicksburg,  but  little  is  known  as 
to  the  condition  or  projrress  of  the  tax  business  in  that  department. 
Eut  ample  instructions  have  long  since  been  sent  to  Judge  Gray,  the 
agent  of  the  department,  by  which  full  control  is  placed  in  his  hands, 
of  the  operations  on  that  side,  and  the  State  collectors  are  directed  to 
report  to  him,  and  he  is  directed  to  forward  to  this  bureau  periodical 
reports  of  their  actings  and  doings. 

Since  the  recapture,  by  our  forces,  of  the  town  of  Washington,  N. 
C,  the  counties  of  Hyde  and  Beaufort  having  again  fallen  within  our 
lines,  the  assessors  and  collectors  for  those  counties  were  proceeding 
to  enforce  collections ;  but,  in  consequence  of  the  ruin  and  destruction 
of  property  during  the  long  occupancy  of  those  regions  by  the  enemy, 
several  earnest  remonstrances,  from  highly  respectable  sources,  were 
addressed  to  the  department,  against  the  collection  of  taxes  in  those 
counties,  and  asking  a  suspension  of  assessments  and  collections  till 
after  the  meeting  of  Congress. 

In  accordance  with  directions  from  the  department,  I  ordered  the 
suspension  asked  till  thirty  days  after  the  meeting  of  Congress,  in 
order  that  measures  for  the  relief  of  the  people  of  those  counties 
might  be  considered  by  that  body.  A  suspension  of  collections  was 
likewise  ordered  in  certain  portions  of  Culpeper  county,  Virginia, 
for  similar  reasons.  The  attention  of  Congress  is  respectfully  called 
to  the  subject. 

I  am  confident  that  the  whole  expense  of  assessing  and 'collecting 
the  taxes,  including  stationery,  printing,  books,  etc.,  as  well  as  the 
expenses  of  this  bureau,  will  not  exceed  one  per  centum.  1  make  this 
Statement  with  much  pride  and  pleasure,  because  I  doubt  if  ever,  in 
any  country,  before,  public  or  private  dues  have  been  collected  at  such 
an  economical  rate.  This  fact  attests  the  patriotism  of  the  tax 
officers,  many  of  whom  serve  the  Government  in  that  capacity  for 
less  than  no  compensation,  because  their  expenses  while  employed  in 
the  discharge  of  their  duties  greatly  exceed  their  income.  The 
average  salary  of  a  collector  is,  say,  $2,()()l)  in  currency,  which, 
rated  at  its  value  in  coin,  or  at  its  capacity  to  purchase  the  necessa- 
ries of  life,  is  less  than  %\U{), 

Before  closing,  I  bog  leave  to  call  the  attention  of  Congress  to  a 
subject  which  deeply  concerns  many  of  our  collectors,  and  to  recom- 
mend action  for  their  relief.  1  refer  to  the  subject  of  counterfeit 
treasury  notes  received  in  payment  of  taxes.  The  act  of  thirtieth 
January,  18G4,  entitled  "An  act  to  extend  the  provisions  of  an  act 
in  relation  to  the  receipt  of  counteifeit  treasury  notes,"  etc.,  relieved 
them  up  to  the  first  day  of  January,  1864,  but  no  further,  I  would 
respectfully  recommend  the  passage  of  a  similar  act,  extending  relief 
to  the  first  day  of  January,  1865. 

Kespectfully  submitted, 

THOMPSON  ALLAN, 

Commissioner. 


2a 


Alabama. 

Total  value  of  real  and  personal  property  in  the  State  of  Alabamfi, 
subject  to  taxation  under  the  act  of  February  1 7th,  186i,  on  the 
basis  of  valuation  established  by  said  act: 

Estimated  by  returns   of  assessments    under  act   of 
August  19th,  1861,  $459,732,117  41 

To  which  add  twenty  per  centum  for 
assessments  of  property  not  sub- 
ject to  taxation  under  said  act, 
but  now  taxable,  (estimated,)  91,946,423  44 

551,678.540  85 


Estimated    tax   thereon    at  5   per 

cent.,  27,583.927  04 

Jewelry   and   watches,    (say   $1,- 

50U,000,)  5  per  cent,  additional,  75,000  00 


27,658,927,04 


Deduct  on  account  partial  occupa- 
tion by  public  enemy,  say  10 
per  cent.,  2,765,892  70 


Estimated  amount  of  property  tax, 

under  act  February  17,  18G4,         24,893,034  34 
Deduct  on  account  credit   tax  in 
kind,  say  two-thirds, 

$16,595,356  22 
Deduct  on  account 
credit  income  tax 
10  per  cent.,  2,489,303  43 

19,084,659  65 


Estimated  nett  proceeds  property 

tax,  5,808,374  63 

Estimated  amount  of  all  other  taxes,  (under  act  24th 
April,  1863,)  less  estimated  amount  assessed  un- 
der first  section  of  said  act,  now  repealed,  6,000,000  00 

Estimated  amount  of  30  per  cent,  tax,  section  6,  act 

June  14,  1864,  nominal,  200,000  00 


Aggregate  amount  of  taxes  for  1864,  acts  April  2  1, 

1863,  February  11,  18i;4,  June  14,  1864,  12,008,374  69 

Soldiers''  Fu7id  Tax — 


One-fifth  of  $24,893,034  34  $4,978,606  86 

One-fifth  of       6,000,000  00  1,200,000  00 

One-fifth  of  200,000  00  40,UOO  00 


6,218,606  86 


Total,  $18,326,981   55 


26 


Arkansas. 


Total  value  of  real  and  personal  prop3rty  in  the  State  of  Arkansas, 
subject  to  taxation  under  the  act  of  frth  February,  1864,  on  the 
basis  of  valuation  established  by  said  act : 

Estimated  by  returns   of  assessments  under   act  of 
August  19,  1861,  $122,579,117  00* 

To  which  add  20  per  centum  for 
assessments  of  property  not 
subjected  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 24,515,823  00 


147,094,940  00 


Estimated    tax    thereon    at  o  per 

cent.,  7,354,747  00 

Jewelry  and  watches,  (  say 
^$500,000,)  5  per  cent,  addi- 
tional, 25,000  00 


7,379,747  00 


Deduct  on  account  of  partial  oc- 
cupation by  public  enemy,  say 
CO  per  cent.,  4,427,848  0!) 


Estimated     amount     of    property 

tax  under  act   of  February    17, 

1864,  2,951,899  00 

Deduct  on   account  credit  tax  in 

kind,  say  two-thirds, 

1,967,933  00 
Deduct    on    account 

credit  income  tax, 

say  10  per  cent.,       295,189  00 

2,263,122  00 


Estimated  nett  proceeds  property 

tax,  688,777  00 

Estimated  amount  of  all  other  taxes  under  Act  24th 
April,  1863,  less  estimated  amount  assessed  un- 
der first  section  of  said  act,  now  repealed,  1,500,000  00 

Estimated  amount   of  30  per   cent,   tax,  section   6, 

act  June  14,  1864,  nominal,  20,000  00 


Aggregate  amount  of  taxes  for  1864,  acts  April  24, 

1863,  February  17,  1864,  June  14,  1864,  2,208,777  00 

Carried  forward,  $2,208,777  00 


*Eight  counties  not  assessed. 


Brought  forward,  $2,208,777  no 

Soldiers'  Fund  Tax — 

One-fifth  of  $3,951,899  00  $590,379  00 

One-fifth  of     1,500,000  00  300,(00  00 

One-fifth  of  20,000  00  4,000  00 


894,379  ('( 


Total,  $3,103,156  i:ti 


Florida. 

Total  value  of  real  and  personal  property  in  the  State  of  Florida, 
subject  to  taxation  under  the  act  of  February  17th,  186  1,  on  the 
basis  of  valuation  establibhed  by  said  act : 

Estimated  by  returns  of  assessments  under  act  of 
August  19th,  1861,  $49,480,561   00 

To  which  add  20  per  centum  for 
assessments  of  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  ( esti- 
mated,) 9,896,112  00 


59,376,673  ("i 


Estimated   tax    thereon    at    5  per 

cent.,  2,963,833  Qo 

Jewelry  and  watches,  (say 
$300,000,)  5  per  cent,  addi- 
tional, 15,000  00 


2,983,833  65 
Deduct  on  account  of  partial   oc- 
cupation by  public  enemy,  say 
12  per  cent.,  358,060  03 


Estimated    amount    of     property 

tax,  under  act  of  February   17, 

1864,  2,625,773  62 

Deduct  on  account  credit    tax  in 

kind,  say  two-thirds, 

1,750,515  74 
Deduct   on    account 

credit  income  tax, 

gay  10  per  cent.,       262,577  CG 

2,013,093   10 


Estimated  nett  proceeds  property 

tax,  612,680  52 


Carried  forward,  '        $612,680  52 


28 

Brouglit  forwani,  '       $G12,680  52 

Estimated  Hruount  of  all  other  taxes  under  act  24th, 

April,  1863,  less  estimated  amount  assessed  un- 

first  section  of  said  act,  now  repealed,  1,000,01)0  00 

Estimated  amount  of  3i)  per   cent,   tax,  section   G, 

act  June  14,  1864,  nominal,  25,000  0() 


Aggregate  amount  of  taxes  for  1S6-/,  acts  April  24, 

1863,  February  11,  1864,  June  14,  1864,  1,637,680  o. 

Soldiers^  Fund  Tax — 

One-6fth  of  S2, 625,773  62  $525,154  72 

One-fifth  of     1,000,000  00  200,000  00 


One-fifth  of  25,000  UO  5,000  00 


730,154  72 


Total,  $2,367,835  24 


rEORGIA. 


Total  value  of  real  and  pergonal  property  in  the  State  of  Georgia 
subject  to  taxation  under  the  act  of  February  17,  1864,  on  the 
basis  of  valuation  established  by  said  act: 

Estimated  by  returns  of  assessments  under  act  of 
August  19;  1861,  !$564,173,946  82 

To  which  add  twenty  per  centum 
for  assessments  cf  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 112,834,789  36 

$677,008,736   18 


Estimated  tax  thereon  at  five  per 

cent.,  33,850,436  80 

Jewelry  and  watches,  (-ay  $2,- 
500,000,)  five  per  cent,  addi- 
tional, 125,000  00 


$33,975,436  80 


Deduct  on  account  partial  occu- 
pation by  public  enemy,  say 
five  per  cent.,  1,698,771   84 


Estimated  amount  of  property 
tax,  under  act  February  17, 
1864,  $32,276,664  96 


Carried  forward,  $32,276,664  96 


29 

Brought  forward,  $32,276,664  96 

Deduct  on  account  credit  tax  in 
kind,  say  two-thirds, 

S21, 517,776  64 
Deduct     on     ac- 
count creditin- 
con:e   tax,  eay 
ten  per  cent.       3,227,666  49 

24,745,413   13 


Estimated  nett  proceeds  property  tax,  7,531,221   83 

Estimated  amount  of    all   other    taxes,    under   act 

April  24,  1SC3,  less  estimated  amount   assessed 

undx?r  first  section  of  said  act,  now  repealed,  15,000,000  00 

Estimated  amount  of  thirty  per  cent,  tax,  section 

six,  act  June  14,  1864,  nominal,  300,000  00 


A^'gregate  amount  of  taxes  for    18G4,   acts    April 

24,  1863,  February  11,  1864,  June  14,  1864,         $22,831,221   83 

Soldiers^  Fund  Tax — 


One-fifth  of  $32,276,664  96,  $6,455,332  99 
One  fifth  of  16,000,000  00,  3,000,1)00  00 
One-fifth  of  300,000  00,  60,000  00 


9,515,332  99 


Total,  $32,346,554  82 


Louisiana. 

Total  value  of  real  and  personal  property  in  the  State  of  Louisiana 
puVject  to  taxation  under  the  act  of  Feb'-uary  17,  1864,  on  the 
basis  of  valuation  established  by  said  act^,  estimated  by  return^  of 
assessments  under  act  of  August  19,  1861, 

$534,921,329  01 

To  which  add  twenty  per  centum 
for  assessments  ol  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 106.984,265  80 


$641,005,594  81 


Estimated  tnx  thereon  at  five  per 

cent.,  w  $32,1195,279   74 

Jewelry  and  watches,  (say  $2,- 
000,(100,)  five  per  cent,  addi- 
tional, 100,000  00 

Carried  forward,  $32,195,279   71 


30 

Brought  forward,  $32,195,279  74 

]_)educt  on  account  partial  occu- 
pation by  public  enemy,  say 
fifty  per  cent.,  16,097,639  87 

Estimated  amount  of  property 
tax,  under  act  of  February 
17,  1804,  16,097,639  87 

Deduct  on  account  credit  tax  in 
kind,  say  two-thirds, 

$10,731,759  90 

Deduct  on  ac- 
count credit  in- 
come tax,  say 
ten  per  cent.,       1,609,763  98 

SI ^.34 1,523  88 


Estimated  nett  proceeds  property  tax,  $3,756,115  99 

Estimated   amount   of  all   other  taxes    under    act 

24th  April,  18G3,  less  estimated  amount  assessed 

under  first  section  of  said  act,  now  repealed,  4,000,000  00 

Estimated  amount  of  thirty  per  cent,  tax,  section 

six,  act  June  14,  1864,  nominal,  50,000  00 

Aggregate  amount  of  taxes  for    1SG4,  acts  April 

24,  1863,  February  11,  1864,  June  14,1864,        $7,806,115  99 

Soldiers^  Fund  Tax — 

One-fifth  of  $16,097,639  87,       $3,219,527  97 
()ne-fifth  of       4,000,000  00,  800,000  00 

One-fifth  of  50,000  00,  10,000  00 


4,029,527  9' 


Total,  $11,835,643  96 


Mississippi. 

Total  value  of  real  and  personal  property  in  the  State  of  Mississippi 
subject  to  taxation  under  the  act  of  February  17,  1864,  on  the 
basis  of  valuation  established  by  said  act,  estimated  by  returns  of 
assessments  under  act  of  August  19,  1861, 

$447,616,073  00 

To  which  add  twenty  per  centum 
for  assessments  of  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 89,523,214  00 

$537,139,237  00 


31 

Estimated  tax  thereon  at  five  per 

cent.,  $26,856,964  35 

Jewelry  and  watches,   (say  §1,- 
UOO,UOO,)  five  per  cent.,  addi- 
-  tional,  50,000,000 


$26,900,964  35 


Deduct  on  account  partial  occu- 
pation   by  public  enemy,  say  , 
fifty  per  cent.,                                 13,453,482   17 


Estimated    amount  of    property 

tax,  act  February  17,  1864,       $13,453,482    18 
Deduct  on  account  credit  tax  in 

kind,  say  two-thirds, 

$8,968,988  12 
Deduct  on  account 

credit     income 

tax,  say  ten  per 

cent.,  1,345,348  21 

10,314,336  33 


Estimated  nett  proceeds  property  tax,  $3,139,145  85 

Estimated  amount  of  all  other  taxes  under  act  24th 
April,  1863,  less  estimated  amount  assessed  un- 
der first  section  of  said  act,  now  repealed,  2,000,000  00 

Estimated  amount  of  thirty  per  cent,  tax,  section 

six,  act  June  14,  186  J,  nominal,  50,000  00 


Aggregate  amount  of  taxes  for   1864,  acts  April 

24,  1863,  February  17,  I8G4,  June  14,   1861,  $5,189,145  85 

Soldiers'  Fund  Tax — 

One-fifth  of  $13,453,482   18,      $2,690,696  43 
One-fifth  of       2,0U0,000  00,  400,000  00 

One-fifth  of  50,000  00,  10,000  00 


3,100,696  43 
Total,  $8,289,842  25 


North  Carolina. 

Total  value  of  real  and  personal  property  in  the  State  of  North  Caro- 
lina subject  to  taxation,  under  the  act  of  February  17,  1864,  on  the 
basis  of  valuation  established   by  said  act  : 

Estimated   by  returns   of  assessments    under   act 
August  19,  1861,  $286,406,625  00 


Carried  forward,  $286,406,625  00 


32 

Brought  forward,  $28G,l''6,22o  00 

To  which  add  20  per  centum  for 
assessments  of  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 1  57,281,125  00 


343,G86,7.)0  00 


Estimated  tax  thereon  at  5  per 

cent.,  17,184,337  50 

Jewelry  an<l  watches,  (say 
Si,<H)0,000,)  5  per  cent,  addi- 
tional, 50,000  00 


17,234,337   50 


Deduct  on  account  of  partial  oc- 
cupation by  public  enemy,  say 
10  per  cent.,  1,723,433  75 


Estimated    amount    of  property 

tax  under  act  of  February  17, 

18G4,  15,510,903  75 

Deduct  on  account  credit  tax  in 

kind,  say  two-thirds,  , 

10,340,602  5(3 
Deduct  on    acc't 

credit    income 

tax, say  10  per 

cent.,  1,551,090  37 


11,891,692  87 


Estimated  nett    proceeds    prop- 
erty tax,  3,019,210  83 

Estimated  amount  of  all  other  taxes,  underact  2  4th 
April,  1863,  less  estimated  amount  assessed 
under  first  section  of  said  act,  now  repealed,  4,000,(),')0   00 

Estimated  amount  of  30  per  cent,  tax,  section  6, 

act  June  14,  18G4,  nominal,  50,000  00 


Aggregate  amount  of  taxes  for    18G4,   acts   April 

24,  1863,  February  17,  1864,  June  14,  1864,  7,609,210  83 

So-diers*  Fund  Tax — 


One-fifth  of  ^15,510,903  75,      $3,102,180  75 
One-fifth  of       4,000,000  00,  8(M),0'»0  00 

One-fifth  of  50,000  00,  10,000  00 


3,912,180  75 


Total,  $!  1,581,391   63 


ab 


South  Carolina, 


Total  value  of  real  and  personal  property  in  the  State  of  South  Caro- 
lina subject  to  taxation  under  the  act  of  February  17,  18G4,  on  the 
basis  of  valuation  established  by  said  act: 

Estimated  by  returns  of  assessments  under  act  of  ^ 
August  19,  1861,  $399,468,798  00 

To  which  add  20  per  centum  for 
assessments  of  property  not 
subject  to  taxation  under  said 
act,  but  now  taxable,  (esti- 
mated,) 79,893,759  00 


.479,362,557  00 


Estimr.ted  tax  thereon  at  5  per 

cent.,  23,968,127  85 

Jewelry  and  watches,  (say 
$1,500,000,)  5  percent,  addi- 
tional, 75,000  00 


24,043,127  85 


Deduct  on  account  partial  occu- 
pation by  public  enemy,  say 
10  per  cent.,  2,404,312  78 


Estimated    amount    of  property 

tax,    under   act   of   February 

17,  1864,  21,638,815  07 

Deduct  on  account  credit  tax  in 

kind,  say  two-thirds, 

14,425,876  72 
Deduct  on    acc't 

credit    income 

tax,  say  10  per 

cent.,  2,163,881   50 

16,589,758  22 


Estimated   nett   proceeds   prop- 
erty tax,  5,049,056  85 

Estimated  amount  of  all  other  taxes,  under  act  24th 
April,  18G3,  less  estimated  amount  assessed 
under  first  section  of  said  act,  now  repealed,  7,000^000  GO 

Estimated  amount  of  30  per  cent,  tax,  section  6, 

act  June  14,  1864,  nominal,  150,000  00 


Aggregate  amount  of  taxes  for    1864,  acts  April 

24,  1863,  February  17,  1864,  June  14,  1864,  12,199,050  85 

Carried  forward,  $18,199,056  85 

3 


H 

Brought  forward,  '  $12,109,056  85 

Soldiers^  Fto.d  Tax — 

Onc-fifih  of  $32,246,815  07,         -1,449,263  01 
One-filih  of       7,000,000  00,  1,400,0(K)  DO 

Onc.fiftbof  150,000  OO,  30,OiiO  00 

■  5,879,263  01 


Total,  $18,078,319  86 


Texas. 


Total  value  of  real  and  personal  property  in  tbe  State  of  Texas  sub- 
ject to  taxfition  under  the  act  of  February  17,  1864,  on  the  basis 
of  valuation  established  by  said  act: 

Estimated   by    returns  of  assessments    under   act 
of  August  19,  18G4,  $318,286,671   00 

To  which  add  20  per  centum  for 
asses!=raent3  of  property  not 
Eul-ject  to  taxation  under  said 
act,  but  now  taxable,  63,657,334  00 


381,944,005  00 


Essiraated  tax  thereon  at   5  per 

cent.,  19,097,200  00 

Jewelry     and      watches,      (say 

$  1 ,0;  iO,UUO,)  5  per  cent,  addi- 

tional,  50,000  00 


19,147,200  00 


Deduct  on  account  partial  occu- 
pation by  public    enemy,  eay 
^    20  per  cent,  3,829,440  00 

Estimated   amount   of  property 

tax  under   act   February   17, 

18;4,  15,317,760  00 

Deduct  on  account  credit  tax  in 

kind,  say  two-thirds, 

10,211,840 
Deduct  on  account 

credit  income  tax, 

Bay  10  per  cent.,      1,531,776 


11,743,616  00 


Estimated   nett   proceeds   prop- 
erty tax,  3,574,144  00 


Curried  forward, 


$3,674,144  00 


9b 

Brought  forward,  S^iS^-^iUi  00 

Estimated  amount  of  all  other  taxes?,  under  act  24th 

April,    1863,    less    estimated    f:mount    assesed 

under  first  section  of  said  act,  now  repealed,  4,000,000  GO 

Estimated  amount  of  30   per  cent,  tax,   section  G, 

act  June  14,  1861,  nominal,  11^0,000  00 


Aggregate  amount  of  taxes   for  1864,    acts   April 

24,  1863,  February  17,  1864,  June  14,  1864.  7,G74,14t  00 

Soldiers^  Timd  Tax — 

One-fifth  of  $15,317,760,  3,063.553 

One-fifth  cf       4,000, OiHl,  a"0,000 

One-fifth  or  100,000,  20,000 

3,883,552  00 


Total,  .  $11,557,696  00 

VlRG[NIA. 

Total  value  of  real  and  personal  p'roperty  in  the  State  of  Virginia 
subject  to  taxation,  under  the  act  of  February  17,  1864,  on  the  basia 
of  valuation  established  by  said  act,  $53  1 ,94  1 ,0i''\3  76 

Estimated  tax  thereon  at  5  per 

cent.,  26,597,054   18 

Jewelry,    plate    and    watches, 

,^■3,000,100,  5  per  cent,  ad- 

ditionnh,  150,000  00 


26,747,054   IS 
Deduct  this  amount  on  account 
partial  occupation  by  public 
enemy,  4,497,054   18 


Estimated  amount  of  property 
tax,  under  act  of  February 
17,  1864,  22,250,000  00 

Deduct  this 
amount  on  ac- 
count credit 
tax  in  kind,     15,250,000  00 

Deduct  this 
amounton  ac- 
count credit 
income  tax,       2,550,000  00 


17,800,000  00 


Estimated  nett  proceeds  property  tax,  4,450,000  00 

Carried  forward,  $4,45a,0UJ  UO 


96 


Brought  forward,  $4,450,000  00 

Estimated  amount  of  all  other  taxes  under  act  24th 
April,  1863,  less  estimated  amount  assessed  un- 
der 1st  section  said  act,  now  repealed,  15,000,000  00 

Estimated  amount  of  3(1  per  cent,  tax,  section  G, 

act  Jane  14,  1864,  200,00t^  00 


Aggregate  amount  of  taxes  for    18G-1,  acts  April 

iJ4,  1863,  February  17.  1861,  Jun*^  14,  1864,  19.650J)(U)  00 

Soldiers'  Fund  Tax. 


One-fifth  of  $22, 250, i'OO  (Hi,  $.1, 450,000  00 
One-fifth  of  15,000,()()i)  (l(),  3,000,000  00 
One-fifth  of  200,000  OO,  40,000  00 


7,490,000  00 


Total  $27,140,000  00 


(A.) 


RECAPITULATION. 

ESTIMATE  OF  TAXES  assessed  under  the  ac/s  of  April  29,  1863, 
February  17,  1864,  and  June  14,  1864,  for  the  year  1864. 

Alabama,  $18,226,981   65 

Arkansas,  3,103,156  00 

Florida,  2,367,835  24 

Georgia,  32,346,554  82 

Louisiana,  11,835,643  96 

Mississippi,.  •  8,289,842  28 

North  Carolina,  11,581,391   63 

South  Carolina,  18,078,319  86 

Tennessee,  (no  estimate  can  be  made,)  perhaps,  1,000,000  00 

Texas,  11,557,696  00 

Virginia,                                                                •  27,140,000  00 


Total,  $145,527,421  34 


$7 


(B.) 

STATEMENT  OF  TAXES  collected  under  the  acts  of  Copgnss,  April 

24,  1863,  February  17,  18G1,  a7id  June  14,  1864,  as  far  as  reported, 

to  2Sth  October,  18G4.  •         " 

Alabama,  (say,)  $12,904,516  01 
Arkansas,  (imperfect  returns,  say  to  April  1,  186-;,)       1,000,000  00 

Florida,  1,262,292  00 

Georgia,  (say,)  29,594,878  61 

Louisiana,  (to  July  1st,  1864,  say,)  2,300,000  00 

Mississippi,  (to  August  17,  1864,  say,)  3,869,288  SB 

North  Carolina,  14,575,199  66 

South  Carolina,  17,150,458  39 

Tennessee,  231,551   30 

Texas,  (to  June  1st,  say,)  6,500,000  00 

Virginia,  29,657,560  22 


$118,845,744  57 


ESTIMA'l'ES   OF  APPJJOPJUA.TIOJNS. 


Treasury  Df.partmf.nt,  October  2C,  1864. 

To  the  President : 

I  have  the  honor  to  transmit  herewith  (in  duplicate)  to  be  submit- 
ted to  Congress,  estimates  of  appropriations  required  for  the  support 
of  the  Government, -for  the  period  from  January  1st  to  June  3()th, 
1865,  including  deficiencies.  ' 

I  am,  respectfully,  your  obedient  servant, 

G.  A.  TRENHOLM, 
Secretary  of  tlie  Treasury. 


ESTIMATES  of  appropriations  required  for  the  support  of  the  Govern- 
ment for  the  period  frojn  January  \st  to  SMh  June,  1865,  inclusive^ 
including  deficiencies. 

Lkgislative. 

For  compensation  and  mileage  of  members  and  delegates  of  the  House 
of  Representatives,  i$200,()(ll)  00 

For  compensation  of  oflficers   and   others    employed 

in  the  service  of  the  House  of  Representatives,  10,000  00 

For  contingent  expenses  of  the  House  of  Represen- 
tatives, 40,000  00 

For  compensation   and  mileage  of  members  of  the 

Senate,  ^  97,000  00 

For  compensation  of  officers  and  clerks  of  the  Sen 

ate,  14,000  00 

For  contingent  expenses  of  the  Senate,  14,000  00 

Executive.  « 

For  compensation  of  the  President  of  the  Confede- 
rate States,  12,500  00 

For  compensation  of  the  Vice  President  of  the  Con- 
federate States,  3,000  00 


Amount  carried  forward,  $390,500  00 


4t» 

Amount  broufjht  forward,  $390,500  0(» 

For  compensation  of  the  private  secretary  and  mes- 
senger of  the  President.                 -  1, -520  00 

For  compensation  of  the  private   secretary  of  the 

Vice  I'rosi'icnt,  including  deficiency,  1,120  46 

For  contingent  and  telegraphic  expenses  of  tlie  Ex- 
ecutive oilioe,  30,000  00 


TliKASUUV   DePART-MKNT. 


For  compensation  of  the  Secretary  of  the  Treasury, 
Assistant  Secretary,  •  Comptroller,  Auditors, 
Trc-aaurer  and  Register  and  clerics,  mensengers, 
watchmen  and  laborers  in  Treasury  Department^  670,000  00 

For  incidental  and  contingent  expenses  of  the  Treas- 
ury Department,  200,000  00 

For  engraving  and   printing  treasury  notes,  bonds 

and  certificates  of  btock,  and  paper  for  the  same,  1,600,000  00 

For  paym'.nt  of  principal  under  loan  of  August  19, 
1861,  this  sum  being  amount  due  and  payable  on 
the  1st  of  July,  1S65,  1,449,600  00 

For    rent  of  executive    buildings   and    President's 

house,  including  deficiency,  65,000  00 

For  compensation  of  the  agent  of  the  Treasury  De- 
partment west  of  the  Mississippi  river,  auditor, 
comptroller,  clerks  and  messengers  in  their  bu- 
reaus, 30,000  00 

For  incidental  and  contingent  expenses  of  the  treas- 
ury service  west  of  the  Mississippi  river,  50,000  00 

For   salary,  clerk  hire    and    other  expenses  of  the 

agent  of  the  Erlanger  loan  at  Paris,  16,000  00 

For  the  transmisdon  of  Confederate  States  funds,  120,000  00 

For  compensation  of  officers,  incidental  and  contin- 
gent expenses,  including  wages  of  workmen,  and 
pay  of  labofcrs  if  necessary  for  the  .mint  and  in- 
dependent treasury,  »  60,000  00 

For  travelling  and  other  expenses  incidental  to  the 
detection  of  persons  engaged  in  preparing  and 
passing  forged  treasury  notes,  10,000  00 

For  the  redemption  of  one  fortieth  of  the  principal 
of  the  X'3, 01)0, 000  foreign  loan,  due  September  1, 

.    1865,  c£:75,000a$4  85  per  pound,  363,750  00 

For  deficiency  in  appropriation  for  erecting  a  stair 
case  connecting  the  fitst  a:id  second  floors  of  the 
building  occupied  by  the  Treasury  Department,  2,000  00 

Amount  carried  forward,  $5,049,195  46 


41 

War  Department. 

Amount  brought  forward,  $5,049,195  46 

For  compensation  of  the  Secretary  of  War,  Assist- 
ant Secretary,  Chief  of  Bureau,  clerks,  messen- 
gers and  laborer  in  the  War  Department,  615,750  00 
For  incidental  and  contingent  expenses  of  the  War 

Department,  175,000  00 

For  contingent  expenses  of  the  Adjutant  and   In- 
spector General's  Department,  52,000  00 
For  incidental  and  contingent  expenses  of  the  army,           250,000  00 
« 

Quartermaster's  Department. 

For   pay  of  officers  of  the   army,   volunteers   and 

militia,  88,906,398  00 

For  the  service  of  the  Quartermaster's  Department,    186,186,944  33 

Commissary  Department. 

For  the  purchase  of  subsistence  stores  and  commis- 
sary property,     ,  50,000,000  00 

Ordnance  Department. 

For  the  ordnance  service  in  all  its  branches,  30,000,000  00 

For  the  nitre  and  mining  service,  12,500,000  00 

Engineer  Department. 

For  the  engineer  service,  10,000,000  00 

For  the  loss  of  slaves  which  have  been  impressed  by 
Confederate  authorities,  or  under  State  laws,  or 
voluntarily  sent  to  the  Confederate  authorities, 
and  accepted  by  them,  without  other  special  con- 
tracts, for  the  use  of  the  Confederate  Govern- 
ment, and  while  engaged  in  laboring  on  the  pub- 
lic defences,  or  other  public  works,  have  escaped 
to  the  enemy,  or  died,  or  contracted  diseases 
which  have,  after  their  discharge,  resulted  fatally,         1 ,500,000  00 

Bureau  of  Conscription. 

For  pay  of  officers,  non-commissioned  officers,  pri- 
vates and  clerks,  including  current  and  extra- 
ordinary expenses  in  the  Bureau  of  Conscription,        2,426,1 1 4  00 

Carried  forward,  $387,661,401   79 

4 


42 

Brought  forward,  §387,661,40170 

Medical  Depart5ient. 

For  pay  of  private  physicians  employed  by  con- 
tract, 250,000  no 
For  pay  of  hospital  Stewarts,  100,000  00 
For  pay  of  nurses  and  cooks  not  enlisted  or  volun- 
teers, 350,U00  00 
For  pay   of  matrons,  assistant   matrons  and  ward 

matrons,  350,000  00 

For  pay  of  ward  masters,  .     200,000  00 

For  pay  of  hospital  laundresses,  150,000  00 

For  purchase  of  hospital  clothing,  500,000  00 

For  purchase  of  alcoholic  stimulants,  4,000,000  <  0 

For  purchase  of  medical  and  hospital  supplies,  14,300,000  00 

For  establishment  and  support  of  military  hospitals,  100,000  00 

Navy   Department. 

For  compensation  of  the  Secretary  of   the  Navy, 

clerks  and  messengers  in  his  office,  35,600  00 
For  incidental  and  contingent  expenses  of  the  Navy 

Department,  15,000  00 
For  pay  of  the  Navy,  647,384  75 
For  provisions  and  clothing  in  the  Paymaster's  De- 
partment, 3,802,150  00 
For  construction  of  iron-clad  vessels  in  the  Confed- 
erate States,  4,000,000  00 
For  ordnance  and  ordnance  stores,  2,330,000  00 
For  repairs  of  vessels,  400,000  00 
For  equipment  and  stores  of  vessels,  600, (H)0  00 
For  the  construction  of  sub-marine  batteries,  500,000  00 
For  contingent  enumerated,  800,000  UO 
For  medical  supplies  and  surgeon's  necessaries,  375,000  00 
For  fuel  for  steamers,  navy-yards  and  stations,  500,000  00 

State  Department. 

Fcr  compensation  of  the  Secretary  of  State,  clerks, 

messenger  and  laborer,  14,305  00 

For  foreign  intercourse,  •  49,050  00 

Department  of  Justice. 

For  compensation  of  the  Attorney  General,  As- 
sistant Attorney  General,  clerks  and  messengers, 
iaclu\j[ing  deficiency,  16,129  79, 


Carried  forward,  $422,046,021  33 


43 

Brought  forward,  •     $422,046,021   33 

For  incidental  and  contingent  expenses  of  the  De- 
partment of  Justice,  6,000  00 

For  compensation  of  the  Superintendent  of  Public 
Printing,  clerks  and  messengers,  including  deG- 
cienc3%  13,444  47 

For  compensation  of  Governor  and  Commissioner 
of  Indian  Aflfairs,  Secretary,  Judges,  Attorney 
and  Marshal  of  Arizona  Territory,  5,000  00 

For  incidental  and  contingent  expe^ises  of  Arizona 

Territory,  to  be  expended  by  the  Governor,  500  00 

For  the  publication   and  printing  of  the  Acts  and 

Resolutions  of  Congress,  50,000  00 

For  printing,  binding  and  ruling  for  the  several  Ex- 
ecutive Departments,  150,000  00 

For  printing,  binding  and  ruling  for  both  Houses  of 
Congress,  including  printing  of  the  laws  in  book 
form,  and  the  Journals  of  Congress,  80,000  00 

For  the  purchase  of  paper  for  the  several  Executive 

Departments  and  Congress,  300,000  00 

For  salaries  of  Judges,  Attorneys   and  Marshals,  '    ' 

and  incidental  and  contingent  expenses  of  Courts,  80,000  00 

For  compensation  of  three  Commissioners  under  the 
sequestration  act,  and  for  clerk  hire  and  contin- 
gent expenses,  5,000  00 

For  a  law  library  for  the  Department  of  Justice,  10,000  00 

PosTOFFicE  Department. 


For  compensation  of  the  Postmaster  General,  chiefs 
of  bureaus,  clerks,  messangers,  watchmen  and  la- 
borers, including  deficiency,  130,690  OS 

For  incidental  and  contingent  expenses  of  the  Post- 
office  Department,  20,000  00 

For  compensation  of  agents,  cost  of  materials,  and 
constructing,  repairing  and  operating  telegraph 
lines  75,000  00 

For  compensation  of  the  agents  of  the  Postoffice  De- 
partment in  the  country  west  of  the  Mississippi 
river,  and  ten  clerks,  19,759  85' 

For  incidental  and  contingent  expenses  of  the 
Postoffice  Department  west  of  the  Mississippi 
river,  20,000  00- 

For  rent,  fuel,  lights  and  water   for  the  Postoffice 

in  the  city  of  Richmond,  20,0K)0  00- 


^  Cjrri|d  forward,  $423,039,315  73 


441 

Miscellaneous. 

Brooght  forward,  $423,039,315  73 

For  the  pnrpose  of  making  purchases  of  cotton,  na- 
val stores  and  other  produce,  under  the  direction 
of  the  President,  to  meet  the  engagements  of  the 
■Gorermnent,  and  to  purchase  necessary  army, 
oa.yy  and  other  supplies,  1 5,000,000  00 

Aggregate,  $438,039^  73 

Recapitulation. 

Legislatrve,  $        375,000  00 

Executive,  (saflary  of  President,  &c.,)  47,845  46 

Treasury  Department,  4,626,350  00 

War  Department,  402,912,206  33 

>?a'vy  Department,  14,005,134  75 

State  Department,  63,355  00 

Department  of  Justice,  715,074  26 

Postoffice  Department,  294,349  93 

^liscellaneaus,  15,000,000  00 


Aggregate,  $488,039,315  73 

TfiEASURY  Department,      ) 
Begkkr's  Office,  Oct.  24,  1864.  \ 

C.  T.  JONES, 
i.  Acting  Register. 


HOUSE  OF  REPRESENTATIVES. 

House  of  Representatives,  ; 

Chrk's  office,  October  15,  1864.  \ 

lion.  G.  A.  Trenholm,  Secretary  of  the  Treasury  : 

Sir  :  I  have  the  honor  to  submit  the  following  estimates  for  appro- 
priations which  will  be  required  for  the  House  of  Representatives, 
for  the  six  months  ending  June  30th,  1865,  viz  : 

Compensation  and  mileage  of  members  and  delegates  of  the  House  of 
Representatives,  two  hundred  thousand  dollars,  $200,000 

Compensation  of  officers,  etc.,  of  the  House  of  Repre- 
sentatives, ten  thousand  dollars,  10,000 

Contingent  expenses  of  the  House  of  Representatives, 
forty  thousand  dollars,  40,000 

Total,  $250,000 

Very  Respectfully, 

A.  R.  LAMAR,  Ckrk, 


45 


SENATE. 

OpricE  Sergeant- AT- Arms,  C.  S.  Senite,  > 
Rkhnumd,  October  24,  1864.      J 

Hon.  O.  A.  Trenholm,  Secretary  of  the  Treasury  : 

Sir:  I  respectfully  submit  the  following  estimate,  showing  the 
amount  required  for  the  expenditure  of  the  Senate  of  the  Confederate 
States,  for  the  six  months  ending  June  30,  1865,  to-wit: 

For  compensation  andlaileage  of  Senators,  $97,000 

For  pay  of  officers  and  clerks  of  the  Senate,  14,000 

For  incidental  and  contingent  expenses  of  the  Senate,  14,000 

Total,  $125,000 

Very  respectfully,  your  obedient  servant, 

L.  H.  FITZ  HUGH, 
Sergeant-at-ArmSf  C.  S.  Senate, 


J 


EXECUTIVE  OFFICE. 

Confederate  States  op  America, 
Executive  office^ 
Richmond,  V».,  Oct.  19,  1864. 

Son.  Secretary  of  the  Treasury  : 

Sir  :  I  have  the  honor  to  submit  the  following  estimate  for  trans- 
mission to  Congress  : 

To  meet  the  ''  telegraphic  and  contingent  expenses  of  the  Execu- 
tive Department,"  for  the  six  months  beginning  January  1,  and  end- 
ing June  30,  1865,  there,  will  be  required  an  appropriation  of 
($30,000)  thirty  thousand  dollars. 

Very  respectfully,  your  obedient  servant, 

BURTON  N.  HARRISON. 

Disbursing  Agent. 


COMPENSATION  OF  THE  PRIVATE  SECRETARY  OF  THE 
VICE  PRESIDENT. 

The  salary  of  this  officer  was  established  by  the  act  approved  Octo- 
ber IS,  1862,  at  $1,000  per  annum.  The  act  approved  January  30, 
1864,  increased  it  one  hundred  per  cent.,  or  to  $2,000.  (See,  in 
connection,  act  approved  February  17,  1864,  chapter  53,  page  199.) 
This  increase  expires  on  the  1st  of  January,  1865.     The  amount 


•  46 

standing  to  the  credit  of  the  appropriation  for  his  compensation  is 
$879  54,  \vhile  the  amount  due  him  is  $1,500,  to  December  31,  1S64. 
The  deficiency  to  be  provided  for,  is,  accordingly,  $020  46 

Estimate  for  six  months,  ending  June  30,  1S65,  500  00 

'       Total  requiredioO  ,ki,^..,,„.  ?^'>2«^i^ 

\aiw0AB  ,»i«abu  «at«i9ffn^  Mf* 

TREASURY  DEPARTMENT. 

t 
ESTIMATE    of   appropriations   under   the    control   of   the    Treasury 
JDepartmtnty  required  from  January  1st  to  June  30,  1865. 

Compensation  of  the  Secretary  of  the  Treasury,  Assistant  Secretary, 
Comptroller,  Auditors,  Treasurer  and  Register,  and  olerks  and 
messengers  in  the  Treasury  Department,  $670,000 

Incidental  and  contingent  expenses  of  the  Treasury  De- 
partment, 200,030 

Payment  of   the  principal,   under   loan   of  August    19, 

1861,  due  July  1.  1865,  1,449,600 

Rent  of  executive  buildings  and  President's  house,  45,000 

Deficiency  in  same  appropriation  for  the  half  year  ending 

December  31,  1864,  20,000 

Compensation  of  the  agent  of  the  Treasury  Department, 
^3t  of  the  Mississippi  river,  and  auditor  and  comp- 
troller, and  clerks  and  messengers  in  their  bureaus,  30,000 

Incidental   and  contingent   expenses  of  the  treasury  ser 

vice  west  of  the  Mississippi  river,  50,000** 

Travelling  and  other  expenses  incidental  to  detection  of  -;  ^ 

persons  engaged  in  preparing  and  passing  forged  treas- 
ury notes,  10,000 

Salary,  cierk-hire  and  other  expenses,  agent  of  Erlanger 

loan  in  Paris,  ;    ^    '^r.    eviJi   ^i^'^zl  10,000 

Transmission  of  C.  S.  funds,  .rruf'^f  Yvf^vdi  t-         120,000 

■Compensation  of  officers,  incidental  and  contingent  ex- 
penses, including  wages  of  workmen,  pay  of  laborers, 
if  necessary  for  mints  and  independent  treasury,  50,000 

Redemption  of  1-40  £3,000,000  principal,   7  per  cent. 

foreign  loan,  due  September  1 ,  1865,  £75,000,  a  $4.85,        363,750 

Erecting  staircase  in  the  building  occupied  by  the  treas- 
ury department,  connecting  first  and  second  floors,  2,000 

Engraving  and  printing  treasury  notes,  1, GOO, 000 


Total,  J.    Jtj'^,  m      .J.  % '$4,620,350 

'^  1^  »i  G.  A.  TRENHOLM, 

^  o<  to  ,  J0t»3  ''■  Secretary  of  Treasury. 


47 

WAR  DEPARTMENT  AND  P03T0FFICE    DEPARTMENTS. 

These  estimates  are  filed  with  the  Department  reports. 


NAVY  DEPARTMENT. 

[No.  1.] 

ESTIMATE  of  the  amount  required  for  the  compensation  of  the  Sec- 
retary of  the  Navy,  clerks,  and  messengers  in  his  oJicCy  from  the 
1st  of  Jatiuary  to  tlie  30/A  of  June,   ISiJo. 

For  salary  of  the  Secretary  of  the  Navy,  iacluding  increase  author- 
ized by  the  act  of  June   14th,  1864,  $4,500 

For  salary  of  chief  clerk  also  corresponding  clerk  anddis- 
bursing  agent,  including  increase  authorized  by  the  act 
of  June  14th,   1864,  2,100 

For  salaries  of  twelve  clerks  and  two  draftsmen,  including 
increase  authorized  by  the  act  of  June  1 4th,  1861,  at 
$2,000  each,  28,000 

For  salary  of  messenger,  including  increase  authorized  by 

the  act  of  June   14th,   1864,  1,000 


$35,600 


Thirty-five  thousand  six  hundred  dollars. 

S.  R.  MALLORY, 
Secretary  of  the  Navy. 
C.  S.  Navy  DkpartiMent, 

Richmond,  'Oct.  12,   1864. 

[No.  2.] 

ESTIMATE  of  the  amount  required  for  thi  Incidental    ayid  Contin-   ' 
gent  Expenses  of  the  Nwy  Department  from  the   1st  of  January   to 
the  S{)th  of  June,   1865. 

For  fuel,  lights,  stationery,  telegrams,   postage,  farniture, 

and  labor,  $15,000 


$15,1)00 


Fifteen  thousand  dollars. 


C.   S     NaVF  DEPAftTMENT, 

Richmond,  Oct.  12.  1864. 


S.  R.  MALLORY,       ^ 

Secretary  of  the  Navy. 


48 


[No.  3.] 


ESTIMATE  of  amount  required  under  the  head  of  Pay  of  the  Navy, 
for  the  the  half  year  ending  on  the  SUM  day  of  June,  1865. 


-  b 

i^-S 

-e  5 

ss. 

•  — 

a  »-. 

For  whom  reqair«d. 

■^•s 

•^§  . 

a 

H 

&a5? 

fe-2 

§ 

V  2 

V  *  «• 

*  J 

a 

-< 

< 

-<^ 

< 

4 

Admirals, 

Sfl.noo 

$24,000  00 

$12,000  00 

10 

Captaioi, 

4.700 

47.«00  00 

23.500  00 

SI 

Commanders, 

3.700 

114,700  00 

67,350  «'0 

100 

First  LicuteDantR, 

2.834 

283,400  00 

141,700  00 

25 

Second  Lieutenants, 

1.SI5 

45.375  00 

22.687  50 

20 

Masters  in  line  of  promotion, 

1.665 

33,300  00 

16.650  00 

13 

Paymasteri, 

.^.225 

ss.roo  00 

14.350  00 

40 

Assistant  Pajmasters, 

1.875 

75.000  DO 

37,500  00 

22 

Surgeons, 

3,175 

69.850  00 

34.925  00 

15 

Passed  Assistant  Surgeons, 

1,950 

29.250  00 

14,675  00 

SO 

Assistant  Surgeons, 

1,515 

45,450  00 

22,725  00 

1 

Engineer  in  Chief, 

.'{.000 

3,000  00 

1,500  00 

12 

Chief  Engineers, 

2.960 

35.520  00 

17,760  00 

2(t 

Passed  Midshipman, 

1,550 

31.000  00 

15,500  00 

lor. 

Acting  Midshipmen, 

600 

53.000  00 

26,500  00 

50 

First  Assistant  Engineers, 

1.800 

90,000  00 

45,000  00 

160 

Second  Assistant  Kngineers, 

1,600 

240.000  00 

120,0'0  00 

150 

Third  Assistant  Engineers, 

1.400 

210,000  00 

105,000  00 

10 

Boatswains, 

1,725 

17,250  00 

8,625  00 

20 

Gunners, 

1.725 

34.500  00 

17.250  00 

20 

Carpenters, 

1,725 

34,500  00 

17,250  00 

6 

8  ail -makers, 

1,725 

10,350  00 

6,175  00 

i 

$777,623  50 

Commutations  for  fuel  and  quarters  to  officers,  included. 

For  pay  of  5,000  seamen,  ordinary  seamen,  firemen,  coal-heavers,  landsmen,  and 

boys,  at  $288  perannum, 720,000  00 

For  contingencies  not  otherwise  estimated,  say  10  per  cent., 149,702  35 

Total  amount  required  for  pay  of  the  nayy  for  half  year  ending  30th  of  June. 
1865, $1,647,384  7i 


NoTB. — As  there  will  be  in  the  treasury  on  the  1st  of  January  next  a  balance  of  former 
appropriations  for  "pay  of  the  nary"  of  about  one  million  of  dollars,  the  sum  of  six  hundred 
and  forty  seven  thousand  three  hundred  and  eighty-four  dollars  and  seventy  five  cents  of  th» 
•Stimate  only  will  bo  required. 

Respectfblly  submitted, 

JAMRS  A.  SEMPLB. 
Pajfmailer  C.  S.  If.,  in  charge. 
Natt  DiPAnrviyr,  October  19,  1864. 
8.  R.  Mallort, 

Secretary  of  $h«  Navy. 


\ 


49 


[No.  4.] 


ESTIMA  TE  of  amount  required  under  the  head  of  Provuions,  Clothing 
and  Contingencies  in  Paymasters^  Department  ^  for  half  year  ending  on  the 
50th  day  of  June,  1865: 


Fob  what  Pubposi. 


For  the  subsistence  of  5,000  men  for 
the  six  months,  on«  ration  per  day, 
5,000  for  181  days, 

For  contingencies  in  Paymasters' 
Department,  as  for  freight,  rents, 
cooperage,  etoragc,  lights,  Ac, 

Vor  dififer«nce  between  cost  and  issu 
ing  price  of  clothing,  for  men, 

Add  for  contingencies  that  cannot 
be  estimated  for,  say  10  per  cent.. 

Total  amount  required  for  provisions, 
clothing  and  contingencies  in  Pay- 
masters' Department,  for  half  year 
ending  June  30,  1865, 


No.  of 
KatioDB. 


906,000 


Average 
cost  of 
Ration. 


$3  25 


Amount. 


$2,941,250  00 

75.250  00 
440,000  00 
845,650  00 


Amoant. 


$8,802,160  00 


Respeetfallj  sabmitted, 


Office  Provisions  and  Clothing, 
October  \2,  1864. 


I^AVr  Department, 

October  12,  1864. 


JAMES  A.  SEMPLE, 
Paymaster  C.  H.  N.,  in  charge. 


S.  R.  MALLORY, 
Secretary  of  Navy. 


[No  5.] 

ESTIMATE  of  the  Amount  required  under  the  head  of  Ordnance  and 

Ordnance  IStores  for  the  Navy,  from  January  \si  to  June  30,  1865. 

For  cannon,  200,000 

For  gun-carriages  and  equipments,  100,000 

For  projectiles  of  all  kinds,  700,000 

For  lal  oratory  and  other  stores,  60,000 

For  cannon  and  musket  powder  and  saltpetre,  150,000 

For  pay  of  mechanics,  laborers,  &c.,  600,000 

For  improvements  and  repairing  buildings  at  Richmond, 

Charlotte,  Columbia,  Augusta  and  Selma,  200,000 

For  machinery,  tools,  &c.,  200,000 

For  expenses  naval  powder  mill,  Colambia,  30,000 


Carried  forward, 


$2,230,000 


50 


Brought  forward,  $2,230,000 

For  contingent  expenses,  including  freight  and  transport- 
ation, hire  of  agents,  teams,  wagons  and  horses,  rent 
of  store-houses,  machinery,  &c.,  and  for  fuel,  lights, 
postage  and  stationery,  100,000 

$2,330,00(1 
Twenty-three  hundred  and  thirty  thousand  dollars. 


C.  S.  Navt  Department, 
Office  of  Ordnance  and  Hydrography, 
October   12,  1864. 


Navy  Departmv:nt, 

October  12,  1864. 


JOHN  M.  BROOKE, 

Commander  in  Charge. 


S.  R.  MALLORY, 

Secretary  of  the  Navy. 


[No.  6. J 


ESTIMATE  of  the  Amount  required  for  the  C&nsP  action  of  Iron-Clad 
Vessels  in  the  Confederate  States,  including  ainAint  necessary  to  com- 
plete those  now  under  construction,  from  the  \st  of  January  to  the  50th 
of  June,  1865. 


For  construction  of  iron-clad  vessels  in  the  Confederate 


States, 

V 

•  *  • 


r.  .a 


Four  millions  of  dollars. 


C.  S.   Navy  Department, 

Rich7nond,  Oct.  12,  1864. 


4,000,000 

$4,(100,000 


S.  R.  MALLORY, 

Secretary  of  the  Navy. 


ESTIMATE  of  the  Amount  required  for  repairs  of  Vessels  from  (he  ]st 
of  January  to  the  3()/A  of  June,  1865. 


For  repairs  of  vessels, 


Four  hundred  thousand  dollars. 


C.   S.  Navy  Department, 

Richmond,  Oct.  12,  1864. 


400,000 
$400,000 


S.  R.  MALLORY, 

Secretary  of  the  Navy. 


51. 

[No.  8.J 

ESTIMATE  of  the  Amount  required  fur  the  Equipment  and  Stores  of 
Vessels,  including  wear  and  tear,  from  January  1st  'to  January  S')t?i, 
1865,  inclusive. 

For  the  equipment  and  stores  of  vessels,  $600,000 

.  (Six  hundred  thousand  dollars.) 

Respectfully  submitted. 

S.  S.  LEE, 
Cajttain  in  Charge  Office  of  Orders  and  Detail. 
RiCH.MOND,  Va. 

eth  October,  1864. 

'  '       S.  R.  MALLORY, 
V?Tr»  '  T  ■  V     fr    »  Secretary  of  the  Navy. 

Navt  Department, 

liichmond,  Oct.  12,  1864, 

[No.  9.] 

ESTIMATE  of  the  amount  required  under  the  head  of  **  Contingent  Enu- 

mirated,'"  froin  January  ist  to  June  SOth,  1865,  inclusive,  for  the  fol- 
1^ :.. V ...■-  .  ,-.ik\.  ^Ki'i^  ««rvu^MV  «atYb«i.oj?  V 


lowing  piirposes,  viz  T  "•»V  ••H  wwwl  »m^»#n-o 

Freight  and  transportation,  printing  and  stationery,  advertising, 
models  and  drawings,  repair  of  fire  engines  and  hose,  maintenance  of 
horses  and  oxen  and  drawing  teams,  carts,  lumber  wheels  and  the  pur- 
chase and  repair  of  working  tools,  postjige-on  public  letters,  fuel,  oil 
and  candles  for  navy  yards  and  shore  stations,  pay  of  watchmen  and 
incidental  labor  not  chargeable  to  other  appropriations,  wharfage, 
dockage  and  rent,  travelling  expenses  of  officers  and  others  under 
orders,  funeral  expenses,  store  and  office  rent,  commissions  and  pay 
of  navy  agents  and  clerks,  pay  of  naval  storekeepers  and  clerks,  flags, 
awnings  and  packing  boxes,  books  for  libraries  of  vessels,  provisions 
and  other  expenses  of  recruiting,  apprehending  deserters,  per  diem 
pay  of  persons  attending  courts  martial,  courts  of  inquiry  and  other 
services  authorized  by  law,  pay  of  judge  advocates,  pilotage  and  ton- 
nage of  vessels,  and  assistance  to  vessels  in  distress,  and  for  bills  of 
health  and  for  quarantine  expenses. 
For  contingent  enumerated,  $800,000 

(Eight  hundred  thousand  dollars.) 
Respectfully  submitted, 

S.  S.  LEE, 
Captain  in  charge  office  Orders  and  Detail. 
RrrnMONn,  Va.,  October  6,  1864. 

^^^  ^  S.  R.  MALLORY, 

"   *  Secretary  of  the  Navy. 

Navy  Department,      ) 
,     Rkhmaiid,  October  12,  1864.  J 


51 

[No.  10.] 

ESTIMA  TE  of  the  amount  required  for  fuel  for  steamers,  stations  and 
navy  yards  from  January  \st  to  June  3()/A,  1865,  inclusive  : 

Fuel  for  steamers,  stations  and  navy  yards,  $500,000 

(Fire  hundred  thousand  dollars.) 

Respectfully  submitted, 

S.  S.  LEE, 
Captain  in  charge  office  of  Orders  and  Detail. 
Richmond,  Va.,  October  6,  1864. 

S.  R.  MALLORY, 
Secretary  of  the  Navy. 
Navt  Department,      ) 
Richmond,  October  21,  1864.  ) 

[No.  11.] 

ESTIMATE  for.  Sub-marine  Batteries  from  January  Ist  to  June  SOth, 
1865,  inclusive : 

For  sub-marine  batteries,  $500,000 

(Five  hundred  thousand  dollars.) 

Respectfully  submitted, 

S.  S.  LEE, 
Captain  in  charge  ojice  of  Orders  and  Iktail. 
Richmond,  Va.,  October  6,  1864. 

S.  R.  MALLORY, 
Secretary  of  the  Navy. 
Navy  Department,      ) 
,       Richmond,  October  12,  1864.  J 

[No.  12.] 

ESTIMATES  of  the  amount  required  for  Medical  Supplies  and  Surgeons* 
Necessaries  from  the  1st  of  January  to  the  50th  of  June,  1865. 

For  hospitals  and  hospital  supplies  at  Richmond,  Wilmington, 
Charleston,  Savannah,  Mobile,  Columbus,  St.  Marks,  Halifax  and 
Selma,  $150,000 

For  the  purchase  of  medicineB,  medical  supplies  and  sur- 
gical instruments,  200,000 

Carried  forward,  $S50,000 

\ 

\ 


5S 

Broaght  forward,  $350,000 

For  contingencies,  pay  of  travelling  agents,  employees, 

transportation  expenses,  &c.,  25,000 


$375,000 
(Three  hundred  and  seventj-five  thousand  dollars.) 


C,  S.  Navy  Department, 
Office  Medicine  and  Surgery, 
Richmond,  October  6,  1864. 


Navy  Dkpastment, 
Richmond,  October  12,  1864. 


W.  A.  W.  SPOTSWOOD, 

Surgeon  in  charge. 


S.  R.  MALLORY, 
Secretary  of  the  Navy. 


Recapitulation 

OF  ESTIMATES  of  the  Navy  Department  for  six  month,  from  the 
1st  of  January  to  the  30/A  of  June,  1865,  inclusive  : 

[No.   1.] 

Estimate  of  the  amount  required  for  the  compensa- 
tion of  the  "  Secretary  of  the  Navy,  clerks  and 
messengers  in  his  oflSce,"  $35,600  00 

[No.  2.] 

Estimate  of  the  amount  required  for  "  Incidental  and 

Contingent  expenses  of  the  Navy  Department,"  15,000  00 

I  No.  3.] 

Estimate  of  the  amount  required  under  the  head  of 

*'  Pay  of  the  Navy,"  647,384  7o 

[No.  4.] 

Estimate  of  the  amount  required  under  the  head  of 

♦•  Provisions  and  Clothing,"  3,802,150  00 

[No.  5.] 

Estimate  of  the  amount  required  under  the  head  of 

"Ordnance  and  Ordnance  Stores."  2,330,000  00 

[No.  6.] 

Estimate  of  the  amount  required  for  the  '*  Construe-  ^ 

tion  of  Ironclad  vessels,"  4,000,000  00 

Carried  forT^ard,  $10,830,154  75 


54 

Brought  forward,  $10,830,134  75 

[No.   7.] 

Estimate  of  the  amount  required  for  *'  Repairs  of 

.    Vessels,"  ;,;  400,000  00 

[No.  8.] 

Estimate  of  the  amount  required  for  "  Equipments 

and  Stores  of  A'^essels,"  .     600,000  00 

[No.  9.] 

Estimate  of  the  amount  required  under  the  head  of 

*'  Contingent  Enumerated,"  800,000  00 

^i^\\->y  [No.   10.] 

Estimate  of  the  amount  required  under  the  head  of 
'♦*  Fuel  for  Steamers,  Navj-yards  and  Stations."  500,000  00 

[No.   11.] 

Estimate  of   the  amount  required  for  "  Submarine 

Batteries,"  500,000  00 

[No.   12.] 

Estimate  of  the  amount  required  for  Medical  Supplies 

and  Surgeon's  Necessaries,  375,000  00 


$14,005,134  75 


Fourteen  million  five  thousand  one  hundred  and  thirty-four  dollars 
and  seventy-five  cents. 

S.  R.  MALLORY, 
Secretary  of  Navy. 
Navv  Department, 

October  12,  1864. 


STATE  DEPARTMENT. 

APPROPRIATIONS  required  by  the  Department  of  State  for  the  six 
niantfis  ending  June  30,  1865  : 

For  Foreign  Intercourse — 

Salaries  of  five  Commissioners,  $30,000  00 

and  three  Secretaries,  5,400  00 

$35,400  00 

(References:   Secret   acts  Provisional  Congress,  13  and 

27  February,  1861,  Nos.  7  and  39,  and  act  of  August 

30,  1861,  eh.  25  ) 


Carried  forward,  $35,400  00 


\ 


55 


Brought  forward, 

Salaries  of  5  Corcmercial  Agent, 
[Act  of  15  March,  ISGl,  ch.  44.] 

Incidental  and  contingent  expenses  of  For- 
eign intercourse, 


For  salary  of  Secretary   of  State.     [Act  of 

21  Feb.,  1861,  ch.  6,  and  of  14  June,  1864, 

chap   45,] 
For  salary  of  chief  clerk.   [Act  of  7  March, 

1861,  chap.  3),  of  13   October,  1863,  ch. 

47,  and  of  14  June,  1864,  ch.  45,] 
For  salary  of  3  clerks,     [Same  references,] 
For  conapensation  of  disbursing  officer,   [Act 

of  May  16,  1861,  ch.  21,  and  of  13  Octo- 
ber, 1862,  ch.  47. J 
For  salary  of  one  messenger,  [Act  of  March 

7,  180'1,  ch.  30,  of  13  October,  1862,  ch. 

47,  and  of  14  June,  1864,  ch.  45,] 
For  pay  of  one  laborer,  [same   references, 

and  ch.  49,  of  29  April,  1863,  and  ch.  45 

of  14  June,  1864,) 


$35,400  00 
6,150  00 


7,500  00 
$49,0:0  OO' 


$4,500  00 


2,000  00 
6,000  00 


100  00 


1,000  00 


705  00 


$14,305  00 


P.  BENJAMIN, 

Secretary  of  State. 


DEPARTMENT  OF  JUSTICE. 


Confederate  States  of  America,  ^ 

Department  of  Justice,       v 

Richmond,  Va.,  Oct.  12,  1864.  ) 

To  the  President : 

Sir  :  I  have  the  honor  to  submit  the  following  estimates  of  expen- 
tlitures  for  this  Department,  from  the  1st  day  of  January,  1865,  to  the 
30th  of  June,  1865,  inclusive: 

1.    For  compensation  of  Attorney  General,  Assistant  Attorney  Gen- 


eral, clerks  and  messenger, 

2.  For  incidental  and  contingent  expenses  of  Department, 

3.  For  a  law  library  for  the  Department, 

4.  For  salaries  of  Judges  and  Attorneys,  and  incidental 

and  contingent  expenses  of  courts, 

5.  For  salaries  of  three  Commissioners  under  the  Seques- 

ti^tion  act,  for  clerk  hire,  and  incidental  expenses  of 
the  board, 


15.000 

6,000 

10,000 

80,000 


5,000 


56 

6.  For  salaries  of  Governor  and  Commissioner  of  Indian 

Affairs,  of  Secretary,  and  of  Judges,  Attorney,  and 

Marshal  of  Arizona  Territory,  5,000 

7.  For  contingent  expenses  of  said  Territory,  to  be  ex- 

pended by  the  Governor,  500 

8.  For  compensation  of  Superintendent  of  Public  Print- 

ing, clerks,  and  messenger  in  his  office,  9,650 

9.  For  printing,  binding,  and  ruling  for  the  several  Ex- 

ecutive Departments,  150,000 

10.  For  printing,  binding,  and  ruling  for  both  Houses  of 

Congress,  including  the  printing  of  the  La^s  in  the 
authorized  form,  and  the  Journals  of  Congress,  80,000 

1 1.  For  the  publication. and  printing  of  the  Acts  and  Res- 

olutions of  Congress  in  the  newspapers,  50,000 

12.  For  the  purchase  of  paper  for  the  several  Executive 

Departments  and  Congress,  $300,000 

Very  respectfully, 

Your  obedient  servant, 

GEO.  DAVIS, 

Attorney  General. 

Confederate  States  of  America,  ^ 

Department  of  Justice^      ^ 
Richmond,  Va.,  Oct.  19,  1864.  ) 
To  the  Secretary  of  the  Treasury  .* 

Sir:  Since  the  estimates  of  the  12th  inst.,  for  the  expenditures  of 
this  Department,  were  sent  to  the  Secretary  of  the  Treasury,  I  have 
ascertained  that  there  will  be  a  deficiency  in  the  appropriation  for  the 
period  ending  3 1st  December,  1864.  I  have,  therefore,  the  honor  to 
submit  the  following  estimates  to  supply  the  deficiency  for  the  year 
ending  Slst  December,  1864: 

For  compensation  of  Attorney  General,  Assistant  Attorney  General, 
clerks  and  messenger,  1,129  79 

For  compensation  of  Superintendent  of  Public  Printing, 

cleiks  and  messenger,  $2,794  47 

Very  respectfully. 

Your  obedient  servant, 

GEO.  DAVIS, 

Attorney  General, 


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